Senate Passes Supplementary Budget

Written by Basirat Memudu

The Senate has passed into law a supplementary budget of N895 billion.

Its passage today, comes after a satisfactory report by Senate Committee Chairman on Appropriation, Senator Jibrin Barau, where he explained that the supplementary budget would augment the effort of various government agencies to discharge their responsibilities.

Senator Barau further noted that security agencies will be able to procure arms and equipment as they continue to contain the security threats posed in various regions of the country.

The supplementary budget is intended to not only equip the military in fighting insurgency, but also for covid 19 vaccination, and funding for the management of HIV.

N173 billion is for recurrent expenditure and N722 billion will be for contribution to a development fund for capital expenditure for the year ending 31st December 2021.