BREAKING: Senate Begins Debate On 2020 Budget

Published 4 months ago by: Adegbenga Ayinla
at 9-10-2019 04:25PM (4 months ago)

(5268 | Gistmaniac) (m)


The Senate on Wednesday commenced debate on the general principles of the 2020 Appropriation Bill, The Nation reports.
President Muhammadu Buhari had on Tuesday presented an estimate of N10.33trillion as proposed aggregate expenditure for 2020 to a joint session of the National Assembly.
Leader of the Senate, Senator Yahaya Abdullahi, had moved a motion that the a Bill for an Act to authorize the issue from the consolidated revenue fund of the Federation the total sum of N10,330,416,607,347.00 of which N556,700,827,235.00 is for statutory transfers, N2,748,598,930,000.00 is for Debt Service, N4,880,309,549,778.00 is for Recurrent (Non-Debt) Expenditure, while the sum of N2,144,807,300,334.00 is for contribution to the Development Fund for Capital Expenditure for the year ending on the 31st December, 2020, be considered for second reading.


kp45 at 9-10-2019 05:45PM (4 months ago)
(10324 | Hero) (m)

Discussing how the money will be shared among themselves.
Reply
dopygenius at 9-10-2019 10:02PM (4 months ago)
(2433 | Gistmaniac) (m)

Still yet they no go use the money take do one thing, common electricity that no even Concern them
Reply

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