Breaking: NASS Sends N13.5tn Budget To Buhari For Approval

Breaking: NASS Sends N13.5tn Budget To Buhari For Approval

The National Assembly has sent the 2021 N13.5 trillion Appropriation bill to President Muhammadu Buhari for approval.

The bill was approved in an emergency sitting of the National Assembly last week Monday.

The approved budget figure by the National Assembly comprises total capital supplementation of N1.06tn, total capital expenditure of N4.1tn, statutory transfers of N496bn, and recurrent expenditure of N5.6tn.

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The passed budget Bill by the National Assembly also provided the sum of N3.3tn for debt servicing.

The budget estimate was increased by the sum of N505bn from the estimate of N13, 082, 420, 568,233 presented to the National Assembly by Buhari on October 8, 2020.

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