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BREAKING: Senate Passes N10.805trn Revised 2020 Budget

GoldenNewsNG by GoldenNewsNG
January 11, 2024
in News, Politics
Reading Time: 1 min read
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The Members of the Senate Chamber of the National Assembly have passed the revised 2020 budget of N10,805,544,664,642.

The lawmakers passed the 2020 budget during plenary on Thursday, a day after members of the House of Representatives approved the same figure.

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A breakdown of the figure shows that the sum of N2,488,789,433,344 is for capital expenditure and recurrent non-debt expenditure has N4,942,269,241,984.

The executive also allocated N422,775,979,362 for statutory transfer, while N2,951,710,000,000 was budgeted for debt service.

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