National Assembly set to pass 2020 budget today
The 2020 budget report will be considered at the Senate plenary today by the Committee of a Whole headed by the Chairman, Ahmad Lawan, through a clause by clause audit of the proposal and then passed by the Senate parliament
The National Assembly on Wednesday finalised arrangements for the passage of the 2020 budget with the submission of reports by the Committees on Appropriation of both chambers .
However, going by the reports of the two committees, the nation’s expenditure profile for the new fiscal year would be higher than the N10.33 trillion President Buhari had earlier proposed to the legislature.
While the Senate Committee on Appropriation increased the budget proposal by an additional N450 billion to bring it to N10.78 trillion, the House of Representatives raised the budget proposal by over N260 billion to bring it to N10.59 trillion.