Why we jerked up budget by N90b- by Reps Appropriation Committee Chair

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The House of Representatives on Wednesday passed the Harmonised report of the 2019 Appropriation bill with an increase of N90,327,519,458.

President Muhammadu Buhari proposed a budget of N8,826,636,578,915 at a joint sitting on 18 December, 2018 but the House passed a budget of 8,916,964,098,373 on Tuesday.

He said a major increase was done on deficit whereby the fiscal deficit had to be increased to N1.906 trillion with N53b. “This severance packages always occurred once in four years, in the transition years and this amounted to N24.6b.

 

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