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Reps Raise 2020 Budget To N10.6trn

December 4, 2019

The new figure had been proposed by the House Committee on Finance, which is scheduled to lay its report on the national budget at the plenary on Wednesday.

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The House of Representatives has raised the 2020 appropriation bill from N10.33trn to about N10.6trn.

The new figure had been proposed by the House Committee on Finance, which is scheduled to lay its report on the national budget at the plenary on Wednesday, a report by PUNCH said. 

The committee has recommended a total budget sum of N10,594,362,364,830.

President Muhammadu Buhari had on October 8, 2019 presented the appropriation bill to a joint session of the National Assembly.

Both executive and the legislature plan to pass the bill before Christmas to return Nigeria to a January-December budget cycle.

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Politics