The Senate on Monday at its emergency plenary session passed the 2021 Appropriation Bill with a projected N13.588 trillion expenditure for the fiscal year. The passage of the budget in the Senate was sequel to the consideration of a report by the Committee on Appropriations on the 2021 Appropriations bill. In his presentation, Chairman of […]
Tag: 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP)
Senate Raises Budget 2020 Proposal By N727Bn
The Senate today passed the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) submitted to it by President Muhammadu Buhari last week, raising the 2020 budgetary proposal by N727 billion and the oil benchmark by $2 per barrel. The approval was sequel to the presentation and consideration of the Senate Committee on Finance […]