Buhari seeks Senate’s approval of 2021 Supplementary Budget of N895.8bn | The Guardian Nigeria News - Nigeria and World News

President of the Senate, Ahmad Lawan, read Buhari’s letter at the commencement of Tuesday’s plenary following its resumption from a two-week break.

“The balance of N37. 93 billion required for COVID-19 vaccines, salaries and other health-related expenditures totalling N41.6 billion and N48.2 billion recurrent component of defence and security will be funded by borrowing N135 billion from some special reserve levy accounts.“We propose to fund the balance of N722.4 billion for capital expenditure on defence and security and capital supplementation from new borrowings in the absence of any supplementary revenue sources.

“However, the Federal Ministry of Health and the National Primary Health Care Development Agency have now developed a COVID-19 vaccine programme for the country. “The Ministry of Defence has carefully scrutinised these procurement needs which the military authorities claim to represent the minimum requirement to secure our country and address current internal and external security challenges.

Nigerians do not see the positive effect of all this money. What is the use of this budget? Nigeria leaders are very comfortable with budget policy and Nigerians are not enjoying the effectiveness of the budgetary policies. Is a shame.

We didn't see the reflection of the previous one oh

2021 budget by June. Unfortunate

These people have bankrupted the dying nation.

Any need seeking approval?

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