Senate increases budget from N10.002 trillion to N10.729 trillion, approves MTEF/FSP report The Senate has increased the proposed nation’s budget for 2020 from N10.002 trillion to N10.729.4 trillion, after a long debate, on Thursday.
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The house also 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.
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The Senate President, Ahmad Lawan, stated that the development has paved way for President Muhammadu Buhari to submit the 2020 budget any time next week.
Details shortly…
