The House of Representatives has passed the revised 2020 federal budget of N10.8 trillion from the initial N10.5 trillion submitted by the president.
The lawmakers also approved President Muhammadu Buhari’s request for $5.5 billion external loan.
Meanwhile, the Senate has hinted that it will on Thursday, consider the revised 2020 budget.
The red-chamber had on Tuesday deferred presentation of the report over a delay by the Minister of Finance, Budget and National Planning, Zainab Ahmed, to provide details for the sum of N186 billion, an amount which is part of the N500 billion COVID-19 intervention fund.
Read Also: Senate To Consider 2020 Revised Budget On Thursday
Chairman of the Appropriations Committee, Senator Barau Jibrin, explained to his colleagues that the Finance Ministry was yet to comply with the request of the Committee by attaching necessary details for the amount to be captured as part of the 2020 budget amendment bill.
However, Lawan on Wednesday disclosed that the Ministry of Finance, Budget and National Planning had complied with the request of the Appropriations Committee by providing the relevant details for the outstanding N186 billion.
The development, according to him, makes it expedient for the upper chamber to consider the revised 2020 budget on Thursday during plenary.
We have to figure out a way to live in a world where it exists,…
The protesters from Ikwerre/Emohua Federal Constituency, are asking the leadership of the National Assembly, and…
The pilot project which will commence in Kaduna, will boost access to decent, quality and affordable…
Senegal's Constitutional Court could declare Faye the official winner before the weekend, which would make…
The results also confirmed previous research, which had shown a decrease in positive, joyful lyrics…
The incident happened just hours after electoral officials barred Zuma from standing in the May…