Home / News From Nigeria / Local News / Pres. Buhari Signs 2019 Budget Of ₦8.91trillion
buhari

Pres. Buhari Signs 2019 Budget Of ₦8.91trillion

President Muhammadu Buhari has signed the 2019 Appropriation bill of N8.91 trillion into law couple weeks after it was passed by the National Assembly.

The budget includes N4.65 trillion recurrent expenditure, N2.94 trillion capital expenditure, statutory transfer of N502.58 billion, N2.25 trillion for debt servicing.

In his remarks after passing the budget, Senate President Bukola Saraki praised the committee and fellow senators due to their contributions to the passage of the bill and tasked executive to make sure its full implementation.

He said: “I want to thank our colleagues, particularly for their understanding and for us to be able to meet today’s deadline in passing the bill and (I) thank the Committee on Appropriation too.”

“I hope that with this budget passed, the Executive will also ensure the full implementation of the budget for the benefit of Nigerians as a whole.”

Send Money To Nigeria Free

About AbubakarMuhd

x

Check Also

Hope Uzodinma

I Strongly Advocate Regulation Of Social Media — Hope Uzodinma

The governor of Imo State, Hope Uzodinma, has expressed support for the attempt by the Nigeria government to regulate social media. He said he was “strongly” in support of the move.He spoke when he received the Inspector General of Police, Mohammed Adamu, in Owerri on Thursday.Mr Adamu said social media was the greatest weapon used to escalate the #EndSARS protest across Nigeria.The visit was aimed at ascertaining the level of damage done to both public and private facilities during the ...