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Senate Passes N10.805trn Revised 2020 Budget

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Members of the Upper Chamber of the National Assembly have passed the revised 2020 budget of N10,805,544,664,642.

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

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

About Charles Igbinidu

Charles Igbinidu is a Public Relations practitioner in Lagos, Nigeria

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