Reps pass N10.805tr revised 2020 budget
HE House of Representatives yesterday passed the revised 2020 budget sent to it by President Muhammadu Buhari. It however increased it to N10.805 trillion.
Considering the budget on the floor of the House yesterday, the lawmakers included N4 billion in the service wide vote to address the grievances of resident doctors who are threatening to embark on industrial action. The Ministries of Transportation and Agriculture were allocated N109 billion and N102 billion while their Health counterpart got N51 billion.
It said: “The Minister of Finance shall ensure that funds appropriated under this Act are released to the appropriate agencies and/or organ of government as and when due, provided that no funds for any quarter of the fiscal year shall be deferred without prior waiver from the National Assembly.” Justifying the increase in the budget, Chairman of the House Committee on Appropriation, Muktar Batara, said while considering the submitted estimate, they received request from the Executive to include some omitted projects in the estimate.These projects include COVID-19 intervention fund of N213.977 billion, Contingency recurrent of N22 billion, contingency capital of N15 billion and Global Alliance for Immunization of N4 billion.
Meanwhile, the Senate may today consider and pass the same budget, Senate President Ahmad Lawan gave this indication at plenary in Abuja after the Committee on Appropriations laid the report on the budget yesterday.
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