Breaking: Buhari signs N10.8 trillion revised budget into law

July 10, 2020
31 Views

<!– Buhari to sign revised 2020 budget today –>

Buhari to sign revised 2020 budget today

Nigeria’s President, Muhammadu Buhari on Friday signed the revised 2020 budget of N10.8 trillion into law.

The National Assembly had passed the budget in June and forwarded it to the president for assent.

Buhari, in signing the budget said this became imperative because of the weakening effect of the COVID-19 pandemic on the nation’s economy.

According to the president, Ministries, Department and Agencies, MDAs would be given 50 percent of their capital allocation by the end of the month.

Nigeria’s Vice-President Yemi Osinbajo (SAN), Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, and the Chief of Staff to the President, Professor Ibrahim Gambari; Senate President, Ahmed Lawan, Speaker Femi Gbajabiamila and other principal officers also witnessed the signing, which took place inside the presidential villa.

Also at the signing were Ministers Finance, Budget and National Planning, Zainab Ahmed; Minister of State Finance, Clement Agba, Governor of Central Bank of Nigeria, Godwin Emiefile and Director General Budget, Ben Akabueze.

You may be interested

Anambra Guber: Attacking Obiano cannot win Election – By James Eze
News
News

Anambra Guber: Attacking Obiano cannot win Election – By James Eze

Webby - February 27, 2021

/* custom css */ .tdi_75_ada.td-a-rec{ text-align: center; }.tdi_75_ada .td-element-style{ z-index: -1; }.tdi_75_ada.td-a-rec-img{ text-align: left; }.tdi_75_ada.td-a-rec-img img{ margin: 0 auto 0…

Buhari’s Words Are Meaningless, His Body Language Enables Terrorists – Aisha Yesufu
News
2 views
News
2 views

Buhari’s Words Are Meaningless, His Body Language Enables Terrorists – Aisha Yesufu

Webby - February 27, 2021

A human rights activist, Aisha Yesufu has described President Muhammadu Buhari as an “ineffective, incompetent and clueless Commander-In-Chief” who doesn’t…

Insecurity: Nigerians Under Siege, MOSOP Tell FG
News
News

Insecurity: Nigerians Under Siege, MOSOP Tell FG

Webby - February 27, 2021

/* custom css */ .tdi_75_353.td-a-rec{ text-align: center; }.tdi_75_353 .td-element-style{ z-index: -1; }.tdi_75_353.td-a-rec-img{ text-align: left; }.tdi_75_353.td-a-rec-img img{ margin: 0 auto 0…

Leave a Comment

Your email address will not be published.