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NASS To Raise 2021 Budget By N500bn

The National Assembly is billed to pass the 2021 Appropriation Bill today, Monday, 21 December, raising the total estimated from the proposed N13.08tn to N13,588,027,886,175, an increase of over N500bn.

This was disclosed in the report by the House of Representatives Committee on Appropriations on the national budget.

Both the Senate and the House of Representatives are holding special sessions today mainly to pass the budget ahead of the Christmas and New Year break.

Read Also: NIN/SIM: Crowds Gather At NIMC Offices In Lagos, Flout COVID-19 Protocol

Eko Hot Blog had last Wednesday reported that the Senate President, Ahmed Lawan postponed the passage of the 2021 budget till Monday 21 December, 2020 at plenary session.

He said the development followed new items of expenditure transmitted to the National Assembly by the Executive.

Lawan, also said that the Committee on Finance will work through the weekend to capture the fresh requests from the executive in their 2021 Appropriation Bill report.

The Senate President said that the Senate would hold a special session on Monday 21 December, 2020, to consider and pass the 2021 budget.

Stephen Jesuwale

Jesuwale Stephen is a journalist who finished from the Nigerian Institute of Journalism. He is a distinctive writer, media strategist and also a Digital Marketer

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