The House of Representatives has begun debate on the N13.082 trillion 2021 budget presented to the National Assembly by President Muhammadu Buhari last Thursday.
This followed a motion for the 2021 Appropriation Bill to be read for the second time moved by the Majority Leader, Alhassan Ado-Doguwa, and seconded by the Minority Whip, Gideon Gwani.
Ado-Doguwa moved that: “A Bill for an Act to authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of N13,082,420,568,233 of which N484,488,471,273 only is for Statutory Transfers, N3,344,380,000,000 only is for Debt Service, N5,649,872,137,888 only is for Recurrent (Non-Debt) Expenditure while the sum of N3,603,679,959,070 only is for contribution to the Development Fund for Capital Expenditure for the year ending December 2021 (HB.1069)” be read for the second time.
Details later…
