Recurrent Expenditure – N4.928trThe Federal Government is to spend N2.951 trillion on debt service according to provisions contained in the revised 2020 Appropriation which has just passed its second reading in both houses of the National Assembly.
The budget of the National Assembly was however reduced from N128 billion to N115 billion in the revised budget. According to him, the outbreak of the Coronavirus Disease , and its rapid spin into a global pandemic has brought about corresponding economic consequences. “Further to the above, most of the assumptions underpinning the 2020 FGN Budget have had to be revised in the face of current realities, as Nigeria is vulnerable to the current global economic disruption caused by the Covid-19 crisis which has led to decline in Crude-oil prices and spikes in risk aversion in the global capital markets.
Is obvious that education is not helping at all, how can we have educated men as our legislatures and judiciarys still the country is moving backwards for more 58 years now, this is a big shame. I think is best to eradicate all like what happened in Ghana.
JusticeForTina JusticeForTina JusticeForTina JusticeForTina She's just 16 and she was shot by the so called Nigeria police at iyana Oworo 2 days ago she died few hours ago
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Revised 2020 Budget Passes through Second Reading at Senate - THISDAYLIVEBy Deji Elumoye The Senate on Thursday passed for second reading the revised N10.59 trillion 2020 budget estimate after senators had taken their turn to debate the general principle of the budget. The Senate Leader, Senator Yahaya Abdullahi, set the ball rolling with his lead debate on the reviewed budget proposal with Senators Matthew Urhoghide, …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
UPDATED: Senate, Reps pass revised 2020 Appropriation Bill for second reading - Latest Nigeria News, Nigerian Newspapers, PoliticsNo provision for subsidy Debt Service-N2.91 trillion Oil Production-1.93 mpd Oil benchmark- $25 per barrel exchange rate- N360/$1 Capital expenditure – N2.23tr Recurrent Expenditure – N4.928tr By Sanni Onogu and Tony Akowe, Abuja The Nigerian government is now to spend a whopping N2.951 trillion on debt service as both chambers of the National Assembly pass […] All Nigerians should come and see how a braindead senate president will approve another loan to kill our future. Una don see the devil you guys all voted for?. Buhari is now using remote to control DrAhmadLawan femigbaja and the entire senators to perpetuate evil The worst senate president in the history of Nigeria. If MBuhari asks him to eat his 💩 poop he will rush and finish it and also lick his anus. 9th Assembly the worst. Up Bukola Saraki who didn't tolerate shit. NGRSenate femigbaja ProfOsinbajo
Source: TheNationNews - 🏆 6. / 69 Read more »
BREAKING: NASS passes revised 2020 Appropriation BillThe Senate and the House of Representatives on Thursday passed the revised 2020 budget of N10.505 trillion for second reading.Moving... It's regrettable that there is genocide going on in Elrufai's Kaduna state and nobody in government is doing anything about it, Must the APC be reminded that the safety of lives and properties of the citizens should be the number one priority of the government?
Source: TheNationNews - 🏆 6. / 69 Read more »
Revised 2020 budget scales second reading in NASSThe National Assembly has passed the revised 2020 budget for second reading after exhaustive debate. The budget is being reviewed following the crash of oil price due to the COVID-19 pandemic. The …
Source: Daily Trust - 🏆 13. / 51 Read more »
BREAKING: Buhari Seeks Fresh $5.513bn Loan To Finance Revised 2020 BudgetBREAKING: Buhari Seeks Fresh $5.513bn Loan To Finance Revised 2020 Budget Lol..... This Man has ultimately destroy the future of this country. Batten down the hatches. Storm is coming
Source: channelstv - 🏆 7. / 63 Read more »
JUST IN: Buhari write Reps, seeks fresh $5.5 billion loanThe president also presented a revised 2020 Appropriation Bill and 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper. Let them just sell the country kawai!!! Can they just sell us all at once What's the meaning of this!!!!
Source: PremiumTimesng - 🏆 3. / 78 Read more »