BREAKING: Senate passes N10.8trn revised budget for 2020 vanguardnews
Accordingly, out of the sum of N10,805,544,664,642 to be issued from the Consolidated Revenue Fund, N422,775,979,362 is for Statutory transfers; N2,951,710,000,000 is for Debt Service; N4,942,269,251,934 is for Recurrent Expenditure; and N2,488,789,433,344 is for contribution to the Development Fund for Capital Expenditure .
Lawan said, “For us, this is one way of ensuring that Nigerians feel the presence of government through the various interventions, the programmes, and projects. “We have done this, but we have other things waiting for us in relation to this. We are supposed to ensure that we oversight on these projects, most especially when we have to borrow money to fund some of these projects, it is very crucial that we ensure there is value for money.”All rights reserved.
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