National Assembly Passes 2021 Budget, Raises It By N505bn

2021 budget during the presentation by President Muhammadu Buhari on October, 2020.

The National Assembly has passed the 2021 budget raising the proposed estimate of N13.082 trillion to N13.588 trillion.

This is an increase of N505 billion from the proposed figures presented by the executive.

President Muhammadu Buhari had submitted a N13.082 budget to a joint session of the National Assembly on October 8th, 2020.

The 2021 budget is christened the budget of economic recovery and resilience aimed at accelerating the pace of Nigerian economic recovery, promote diversification, enhance competitiveness, and ensure social inclusion.

More to follow…