National Assembly Approves N575 Billion Supplementary Budget
The
National Assembly, the Senate and the House of Representatives,
yesterday, approved the sum of N574,532,726,857 as supplementary budget
for the nation.
According to Vanguard,
“the money, which is for additional Recurrent (Non- Debt) Expenditure
for the year ending on December 31, 2015 is to be withdrawn from the
Consolidated Revenue Fund of the Federation.
The
Senate, however, jerked the original supplementary budget as submitted
by President Buhari by N108,895,800,000, just as it said that the
increase was designed to accommodate additional funding for fuel subsidy
for the months of October, November and December, 2015.”
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