Tag: 2021 Appropriation Bill

Buhari sends N895 billion supplementary budget to Senate

Aminu Imam

…Sets up C’ttee to lift 100m Nigerians out of poverty in 10 yrs  The Senate yesterday received President Muhammadu Buhari’s request for the approval of the 2021 Supplementary Appropriation Bill of N895.8 billion. President of the Senate, Ahmad Lawan, read the President’s letter at the commencement yesterday’s plenary following its resumption from a two-week break. President Buhari has also inaugurated the National Steering Committee of the National Poverty Reduction with Growth Strategy, chaired by Vice-President Yemi Osinbajo.   According to him, the move re-echoes his commitment to lifting 100 million Nigerians…

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President Buhari signs N13.588tr 2021 Budget, Finance Act

Aminu Imam

Says budget ‘ll accelerate economic recovery Urges revenue-generating agencies to meet target President Muhammadu Buhari yesterday signed the 2021 Appropriation Bill of N13, 588, 027,886,175 trillion as well as the 2021 Finance Bill into law, which has now become an Act. The President, at the ceremony that took place at the Council Chamber, Presidential Villa,in Abuja, affirmed that the 2021 Budget was critical to the delivery of his administration’s legacy projects. The Appropriation Act is comprised of Total Capital Supplementation of N1,060,751,051,650 and total Capital Expenditure of N4,125,149,354,222; Statutory Transfer…

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