*Increases budget figure from N8.83trn to N8.91trn
The Senate on Tuesday passed the 2019 Appropriation Bill presented to the joint session of the National Assembly by President Muhammadu Buhari last December.
The upper legislative chamber, however, jerked up the N8.83 trillion federal budget estimate submitted by President Buhari to N8.91 trillion to accommodate support for victims of recent killings in Zamfara state and severance allowance for federal legislators and their aides which were not captured in the initial budget estimate.
The passage of the bill was sequel to the presentation of the budget report by the Chairman of the Senate committee on Appropriation, Senator Danjuma Goje (Gombe Central), at plenary after which the Senate reverted to its Committee on S
About Post Author
N675bn bribes paid to Nigerian public officials in 2019 – Report
Inflation may rise in coming months - LCCI
T-bills: FG to pay investors N847.43bn in Q1 2020
External reserves drop by $4.9bn in nine months
Vodafone failed to invest in Nigeria despite Obasanjo's backing, says El-Rufai
US becomes net crude oil exporter, first time ever
How Nigeria can meet 4% annual trade growth, by Iheanacho
OPEC tackles energy poverty in Africa as oil nations convene in Vienna
Investors scared of Nigeria, says Utomi
Moody’s changes Nigeria’s ratings from stable to negative