House Of Reps Increases 2020 Budget To N10.6trn

House Of Reps Increases 2020 Budget To N10.6trn

The has increased the 2020 Appropriation Bill from N10.33 trillion to about N10.6 trillion.

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

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

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

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

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