• Friday, April 26, 2024
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BusinessDay

Buhari submits N895bn Supplementary Budget to National Assembly

President Buhari

President Muhammadu Buhari has submitted a supplementary budget of N895 billion to the National Assembly for consideration.

This was revealed on Friday by the Senate Committee Chairman on Army, Ali Ndume while screening the chief of army staff, Farouk Yahahya at the National Assembly complex, Abuja.

Ndume hinted that the supplementary budget was before them and would be given speedy consideration and passage in view of the security challenges across the country.

He assured that the Nigerian Army would continue to do its best to tackle security issue in the country.

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On Thursday, President of the Senate, Ahmad Lawan, had promised Nigerians that the National Assembly would give speedy approval to the N895bn supplementary budget announced by the Federal Executive Council on Wednesday.

Lawan stated this while announcing a N10m donation by the ninth Senate to the FCT IDPs as part of activities to mark its two years anniversary.

“The National Assembly has been doing all it could with the executive arm of government to bring an end to the series of challenges of insecurity confronting the country.

“The Federal Executive Council, as reported in the media on Wednesday, has prepared N895bn supplementary budget to be forwarded to both chambers of the National Assembly for approval.

“Over N700bn from the N895bn supplementary budget is earmarked for tackling all forms of insecurity problems in the country, the very reason the National Assembly will give it expeditious consideration and passage,” Lawan stated.

BusinessDay recalled that the Senate had in December 2020 passed the 2021 Appropriation Bill to the tune of N13, 588, 027,886, 175 trillion as an aggregate expenditure.