Update: National Assembly increases 2018 budget from N8.6trn to N9.1trn



The National Assembly has increased the 2018 budget to N9.120 trillion from N8.612 trillion.

The breakdown of the budget which was laid before both the Senate and House of Representatives, shows that the sum of N530,421,368,624 is for statutory transfer while N2,203,835,365,699 is for debt service.

The sum of N199 billion is for sinking fund for maturing loans; N3,516,477,902,077 is for recurrent (non debt) expenditure while N2,869,600,351,825 is for development fund capital expenditure.



Deputy Speaker of the House of Representatives, Yusuf Lasun, who presided over today’s session, said the lawmakers will consider and pass the budget on Wednesday or Thursday.

”We will begin the consideration tomorrow (Wednesday) afternoon and pass it but if we are not able to, we will finish on Thursday”.

Source: naijaparrot.com

AD: How I make N225,000 Naira From the Internet Every Month

AD: How I Cured My Weak Erection Naturally - Samuel Ulani

AD: LOOKING for a JOB? Submit your Email. CLICK HERE





AD: How I make N225,000 Naira From the Internet Every Month

AD: How I Cured My Weak Erection Naturally - Samuel Ulani

AD: LOOKING for a JOB? Submit your Email. CLICK HERE

Join our TELEGRAM channel for daily updates: https://t.me/naijaparrot

Are you On Twitter? Follow @naijaparrot1 for news and job updates. For jobs updates only, follow @naijajobfinder

Join our TELEGRAM channel for daily updates: https://t.me/naijaparrot

Are you On Twitter? Follow @naijaparrot1 for news and job updates. For jobs updates only, follow @naijajobfinder