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Just In: President Buhari signs 2021 Appropriation Bill

3 weeks ago
in Nigeria
Buhari

Nigerian President, Muhammadu Buhari, a few moments away, signed the 2021 Appropriation Bill into law at the Presidential Villa in Abuja. 

WhatsApp Image 2020 12 31 at 13.43.21

The president signed on a total of ₦13.58 trillion, 5.64 trillion has been set aside for recurrent expenditure, 4.13 for capital expenditure while 3.32 trillion will be allocated to debt servicing. 

WhatsApp Image 2020 12 31 at 13.43.22

With this, the president has kept good on his promise to return the budgetary cycle to a January to December rota. 

Also Read: Omo Ghetto – The Saga rakes in ₦124 million in first week at Cinemas
WhatsApp Image 2020 12 31 at 13.43.20

The National Assembly has passed the ₦13.58 trillion budget for the next fiscal year and the Presidency maintained same. 

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