Has The 2021 Federal Budget Passed Senate
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The budget was increased by n505 billion.
Has the 2021 federal budget passed senate. Senate to pass 2021 budget monday extends 2020 budget implementation the delay in the passage of the budget was to allow the appropriations committee include a late request for additional. The trump administration released a statement this week saying that it now supports senate republicans proposal to freeze civilian federal employees pay next year further complicating ongoing. The 2021 appropriation bill has been passed by the nigerian senate months after it was presented to the national assembly by president muhammadu buhari.
Increasing it by n505 billion. Senate passes 2021 budget jacks up proposal by n500bn december 22 2020 0 the national assembly on monday passed the 2021 appropriation bill raising the total estimates from the proposed n13 08tn to n13 588 027 886 175 an increase of over n500bn. The bill will now go to the senate for a vote and if approved there to president trump for his signature.
While presenting his report barau noted that the covid 19 pandemic affected. The appropriation bill was passed by the senate on monday after jibrin barau chairman of the committee on appropriation presented a report. Advertisement the budget was increased by n505 billion.
The budget was passed by the upper chamber during a plenary on monday december 21 having being read for the third time following weeks of thorough assessment by various committees of the. The senate at a special plenary on monday passed the 2021 budget totaling n13 5trn. The fiscal document is predicated on oil benchmark 40 per barrel n3 324trn for debt servicing n4 1trn for capital expenditure n5 6 trillion for recurrent n496 bn for statutory transfer.
Senate president ahmed lawan said the senate worked hard to meet the deadline of passing the 2021 budget before we go on christmas break the 2021 budget passed by the senate is an increase of 31 9 from the approved n10 3 trillion fgn budget for 2020. The senate has passed the sum of 13 588 trillion as budget for the 2021 fiscal year. Final approval of the cr would give lawmakers another week to agree upon an omnibus measure to fund the government for fiscal year 2021 or try to pass another cr.
The senate has passed the sum of 13 588 trillion as budget for 2021 fiscal year.
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