BREAKING: Senate passes N10.594tr 2020 budget

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The Senate on Thursday passed the 2020 Budget of N10.594 trillion, as against N10.33trillion presented to the National Assembly by President ...

The Senate on Thursday passed the 2020 Budget of N10.594 trillion, as against N10.33trillion presented to the National Assembly by President Muhammadu Buhari.The passage, followed the consideration and adoption of the budget report of Senate Committee on Appropriation chaired by Senator Jibrin Barau.

He said the committee worked in tandem with the Executive in the consideration of the Bill especially in additional revenue projection to fund critical projects. Following a clause-by-clause consideration of the report, at the Committee of the Whole, the Senate passed the Bill. He expressed satisfaction that the ninth Senate has achieved one of its key promises to return the budget cycle to January -December.“We have done so much in a short while. We have given the executive everything they need – budget, finance bill, MTEF, among others,” Lawan said.

 

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