Reps approved revised during plenary on Wednesday
Nigeria’s lower chamber of the parliament, House of Representatives on Wednesday passed the revised 2020 Appropriation Bill into law.
This effectively and legitimately increases the national budget from the proposed N10.5 trillion to N10.8 trillion.
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 N4 billion for the welfare of members of the National Association of Resident Doctors who have threatened strike.
Reps also approved the request by the President, Major General Muhammadu Buhari ( retd. ), for the Federal Government to obtain external loans totalling $5,513,000000.
More details soon…