Nigeria’s President Muhammadu Buhari Monday signed the 2019 appropriation bill into law, weeks after it was approved by the National Assembly.
The N8.92 trillion budget approved by the lawmakers is more than N10 billion estimate the president presented to them on December 19. Highlights of the 2019 budget as approved by the National Assembly include the capital expenditure of N2.09tn, recurrent expenditure of N4.05tn, statutory transfers of N502bn, fiscal deficit of N1.9tn, and special intervention of N500bn.
The lawmakers also approved debt service of N2.25tn. Out of the figure, N1.7tn was approved for domestic debts, while the sum of N433bn was provided for foreign debts.In this article:
Source: Law Daily Report (lawdailyreport.net)
Thanks Mr President. Please let this budget perform maximally in the power sector. Nigerians need electricity more than any other thing. I will be grateful if you are remembered for bringing change into the power sector.
Hope d alleged 100 billion demanded by d killer Fulani herdsmen has been added so that we can now travel on our roads or else wahala dey o
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