National Assembly raises Budget 2020 by N260 billion

In a record time, the National Assembly on Thursday passed the 2020 budget 59 days after it was laid before them by President Muhammadu Buhari.The country will next year return to the January to December budget cycle.

Capital budget for the Ministry of Police Affairs, Ministry of Transportation, was however reduced by the lawmakers. They also reduced the recurrent estimates of the Ministries of Education and Health. The lawmakers also approved a reduction in the recurrent estimate of the Ministry of Education from N601.992 billion to N490.303 billion , while that of Health was reduced from N380.820 billion to N336.597 billion.

Indications that both chambers may have passed the same figure emerged earlier on Wednesday evening when printed copies of the appropriation document were being brought to the National Assembly for distribution to the lawmakers. Senator Barau told his colleagues in the Senate that the committee adopted the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper as approved by the National Assembly.

Senate President Ahmad Lawan commended his colleagues for the swift consideration and passage of the budget in a record time. “I want to commend our colleagues from the opposition. This Senate from the beginning, we said, will be bi-partisan. You have given us all the support that we require, and indeed, this is the way it should be”, Lawan added.

NigeriaGov NGRPresident MBuhari nassnigeria Congratulations to Nigerian Government it is not a bad budget. With this dispensation we saw alot of progress. Next level motivated Mbuhari nassnigeria NGNpresident

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