BUSINESS

BREAKING: Senate Adds N727 Billion To 2020 Budget

The Senate after a robust debate on Thursday, approved all the 16 recommendations contained in the report of the National Assembly joint Committee on Finance and National Planning, on the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper.

The red chamber, among others, increased the proposed nation’s budget for 2020 from N10.002tn to N10.729.4 tn

The Senate President, Ahmad Lawan, said the development had paved the way for President Muhammadu Buhari to submit the 2020 budget any time next week.

Samson Oyedeyi

Leave a Reply

Back to top button