Nigeria: National Assembly Increases Extra Budget By N86.9bn to N982.729bn

8 July 2021

The National Assembly yesterday raised the N895.842 billion supplementary budget proposal for the 2021 fiscal year submitted to its two chambers, the Senate and the House of Representatives, by President Muhammadu Buhari by N87.9 billion and approved N982.729 billion.

The Senate also approved the federal government's request for $6.183 billion (N2.343 trillion) as external borrowing in 2021 Appropriation Act.

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