PRESIDENT BUHARI RECEIVES SENATE PRESIDENT AND SPEAKER 2A.; President Muhammadu Buhari receives the Speaker Rt Hon Femi Gbajabiamila at the Residence, Presidential Villa Sunday Night in Abuja. PHOTO; SUNDAY AGHAEZE. COT 6 2019
Trending Story

Buhari, NASS may be on collision course as lawmakers raise 2020 budget to N10.6tn

108

 

President Muhammadu Buhari and the House of Representatives may be on a collision course, as the lawmakers have upped the 2020 budget from N10.33 trillion to about N10.6 trillion.

 

This alteration and budget raise is contained in a report by the House Committee on Finance, scheduled to be presented at plenary later on Wednesday.

 

The committee had recommended a total budget of N10,594,362, 364, 830.

 

Persecond news recalls that Buhari had on October 8, 2019, presented the Appropriation Bill to the joint session of the Senate and the House of Representatives.

 

The leadership of the National Assembly had promised to break the jinx of delayed budget passage, and pass the bill before they go on Christmas break, and return Nigeria to the January-December financial year.

 

Budget padding and increment has characterized budget passage by the legislature since the country returned to democracy in 1999.

Leave a comment

Related Articles

EFCC sets up task force to combat dollarization of economy, mutilation of naira

The Economic and Financial Crimes Commission (EFCC) has announced the setting up...

How Bafarawa diverted N4.6bln from ex-NSA for prayers, election, acquire luxury vehicles

A startling revelation has been made about how a former governor of...

CBN redeploys 1,500 staff to Lagos

The Central Bank of Nigeria (CBN) says it has redeployed 1,500 staff...

AFCON: Pres. Tinubu says unimpressed with Super Eagles’ performance

President Bola Tinubu has expressed his displeasure over the performance of the...

I’ve not met a man kind enough to marry —Ini Edo

In a candid revelation, renowned actress, Ini Edo, has hinted about the...

Ogun CP visits shot Nollywood actor, Ijaduade, vows to punish trigger-happy cop

Nollywood actor and Director, Azeez Ijaduade, who was shot “accidentally” by a...

Breaking: Actor, Azeez Ijaduade, allegedly shot by policeman in Ogun

In a shocking incident that has sent shock waves to Yoruba section...

Fast and furious actor, Vin Diesel, accused of sexual assault

Vin Diesel, known for his role in the Fast & Furious Series,...

Anyone asking for money this festive season lacks conscience, fear God – Comedian AY

Amid Nigeria’s challenging economic downturn, renowned comedian, Ayo Makun, popularly known as...

Octogenarian actor, Dejumo Lewis, dies

Nollywood community was on Friday night thrown into grief as the news...

I’m lucky to have you as my wife, Lateef praises Mo Bimpe on 2nd wedding anniversary

Celebrating their second year wedding anniversary, Nollywood actor, Lateef Adedimeji, has expressed...

Frank Edoho faces backlash for controversial remarks on infidelity

Renowned media personality, Frank Edoho, is under fire after making contentious comments...

Youngi Duu: Portable admits to confrontation, claims disrespectful gesture triggered clash

MThe recent incident involving an alleged physical assault on the emerging music...

I’m grateful to God, fans, for successful career in 2023 – Davido

Nigerian music star, Davido, has taken to the social media to chronicle...

Mayorkun’s stolen jewellery: One recovered, reward offered for second piece — PSN exclusive

One of the two stolen jewellery belonging to popular artiste, Mayorkun, has...

Mayorkun’s Calabar performance turns nightmare as singer loses valuable pendant

Nigerian music sensation, Mayorkun,vis livid and frustrated after he reportedly lost a...

Kcee is selfish, wicked and has refused to pay royalties over 7 of my hit songs, Harrysong alleges

Singer Harrysong has voiced his concerns regarding the purported denial by Kcee,...

Fear grips Nigerian music community over spate of kidnapping of crews on highways

Barely 24 hours after the alleged kidnapping of an Abuja-based musician and...

Funke Akindele celebrates as ‘A Tribe Called Judah’ movie emerges biggest opening in West Africa

Leading filmmaker, Funke Akindele, is currently beaming with pride following the success...

How I overcame depression, marital woes, setbacks in Nollywood—- Emeka Ike

Veteran actor, Emeka Ike, has opened up about a prolonged period of...