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Revised budget: Reps approve N10.8trn, Okay Buhari’s $5.5bn loan

The House of Representatives has passed the revised 2020 Appropriation Bill, raising the national budget from the proposed N10.5tn to N10.8tn.

Although the Committees on Appropriations and Finance, whose report was considered and adopted ‎at plenary on Wednesday recommended N10,801,544,664,642, the lawmakers inserted an additional N4bn for the welfare of members of the National Association of Resident Doctors who have threatened strike.

Read Also: Gbajabiamila Wades In To Avert Planned Strike By Resident Doctors

The House also approved the request by the President, Major General Muhammadu Buhari ( retd. ), for the Federal Government to obtain external loans totaling $5,513,000000.

Badmus Opeyemi

I'm a graduate of Lagos State University ( B.A History and International Relations) and Federal Polytechnic Offa, Kwara State ( National Diploma, Mass Communication) respectively. I have more than six years of experience in News Writing and Reporting, Video Recording and Editing as well as Post Production.

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Badmus Opeyemi

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