President Muhammadu Buhari has signed the 2021 Supplementary Appropriation Bill into law.
The Senior Special Assistant to the President on National Assembly (House of Representatives), Umar Elyakub, who disclosed this said the total sum of the supplementary budget assented to is N982,729,695,343.
Briefing State House Correspondents after the signing on Monday, El-Yakub stated that the Act will be largely focused on funding security and health concerns.
Persecondnews recalls that the assent by the president is coming a month after the Federal Executive Council (FEC) meeting, presided over by President Buhari, approved a draft supplementary budget of N895,842,462,917 for the year 2021.
The budget is mainly for the procurement of equipment for the military and medical infrastructure as well as COVID-19 vaccines.
Minister of Finance, Zainab Ahmed, had last month said the budget contains an aggregate sum N770.60 billion to further enhance the capacity of the defense and the security agencies to address current and emerging security challenges in our country.
The minister further added that a total of N83.56 billion expenditure is set aside in the budget for COVID-19 vaccine programme, covering 30 million vaccines from Johnson and Johnson and the logistics costs related to the deployment of the vaccines.
The budget also has N40 billion provision to take care of the needs for allowances to the health, education sectors and other wage related issues.
Ahmed had added that the supplementary also had N1.69 billion for the Nigeria Comprehensive AIDS Programme.
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