Saraki, others get N23.678n as severance package in 2019 budget vanguardngr.com vanguardnews
Senate President, Bukola Saraki; Speaker, House of Representative, Dogara exchanging pleasantries with President Buhari during the presentation of N6.08trn 2016 budget to NASS, on December 22, 2015.
In passing the budget, National Assembly adopted the Medium Term Expenditure Framework/Fiscal Strategy Paper which approved 2.3mpd as daily oil production, $60 per barrel as oil price benchmark and N305/USD exchange rate. According to him, in implementing the just approved N30,000 minimum wage for public servants, the N160 billion proposed as service wide votes was appropriated for, under the Public Service wage adjustment for Ministries, Department and Agencies, MDAs.
Others are N2.094 trillion for capital expenditure; and N1.908 trillion as fiscal deficit within the ambit of 1.37 per cent deficit to GDP . The break down of the N2.094 trillion capital expenditure showed that Federal ministry of Power, Works and Housing has the highest allocation of N394. 906billion followed by the Transportation ministry which got N179. 384.
In his remarks, the Senate President, Bukola Saraki, said: “ I want to thank our colleagues, particularly for their understanding and for us to be able to meet today’s deadline in passing the bill and thank the committee on appropriation too.
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