News
Senate passes 2019 budget
The Senate has passed the 2019 appropriation bill.
The passage follows the presentation of a report by the chairman senate committee on Appropriation, Danjuma Goje.
The budget was increased from N8.83 trillion presented by President Muhammadu Buhari to N8.916 trillion.
Mr Goje said the need to provide for the severance benefits of outgoing lawmakers, their aides, provision for the National Assembly orientation programme, election, and others accounted for the about N86 billion increase.
“There is also the need to provide more fund for the security and intelligence agencies to deal with additional, emerging, unforeseen challenges in the country,” he said.
He said all of these were not captured in the 2019 budget submitted by the president.
The breakdown
The Senate passed the budget with the breakdown as follows:
Statutory transfer – N502.58 .billion
Debt service – N2.25 trillion
Recurrent expenditure – N4.65 trillion
Capital expenditure – N2.94 trillion
-
Society News4 years ago
Jamaican man beheads wife after finding out their 6 kids are not his
-
Society News6 years ago
EXCLUSIVE: The Complete Story of Dolapo Awosika, John Fashanu and Prophet Kasali Sex Mess
-
News4 years ago
Pastor Osagie Ize-Iyamu, His Membership Of Secret Cult, And Other Issues Touching On His Public Credentials Examined by Barr. PATRICK I. BIOSE
-
News4 years ago
BREAKING: Ajimobi’s daughter-in-law blast Gov. Makinde, says gov can’t surpass ex-Oyo gov
-
News4 years ago
BREAKING: 2 arrested as NAF begins investigations into Tolulope’s death
-
Crime5 years ago
Exclusive: Female Aide Fingered In Oko Oloyun’s Murder + Banking Transactions That Nailed Husband
-
News4 years ago
BREAKING: Police take over Edo House of Assembly as APC, Oshiomhole move to seize control
-
Society News5 years ago
The Rise and Fall of “Jumoke The Bread Seller”
You must be logged in to post a comment Login