Buhari Signs N982.7bn Supplementary Budget Into Law

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    President Muhammadu Buhari on Monday signed the N982.7 billion supplementary budget for 2021 into law.

    The Presidency presented the budget to the National Assembly to address urgent security and COVID-19 needs of the nation.

    The president’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu  who confirmed this in a statement, said the president commended the National Assembly for speedy passage of the Bill for the supplementary budget.

    According to the presidential aide, N123.3 million of the budget will go for recurrent (non-debt) expenditure, while N859.3 billion is for contribution to the Development Fund for capital expenditure for the year ending on the Dec. 31.

    He said the president assured that the executive arm of government would ensure the timely delivery of capital projects to achieve the laudable objectives of the budget.

    Those who witnessed the signing of the supplementary budget included Vice-President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha and the Chief of Staff to the President, Prof. Ibrahim Gambari.

    Others were the Director-General, Budget Office of the Federation, Ben Akabueze and Senior Special Assistant to the President on National Assembly Matters (House), Hon. Umar el-Yakub.

     

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