BREAKING NEWS: Reps Increase 2020 Budget To N10.6tn

The House of Representatives Committee on Finance has proposed increasing the 2020 Appropriation Bill from N10.33 trillion to N10.6 trillion.

Their budget recommendation is now as recommended a total budget sum of N10,594,362,364,830, and the committee is scheduled to lay its report on the national budget at the plenary on Wednesday,

President Muhammadu Buhari had on October 8th, 2019, presented the appropriation bill to a joint session of the National Assembly.

Both the executive and the legislature plan to pass the bill before Christmas break to return Nigeria to a January-December budget cycle.

Details soon…..