The Nigerian National Assembly has finally released its 2017 budget after much pressure from stakeholders.
National Assembly
The National Assembly has published its 2017 budget. The Senate and the House of Representatives will spend a whopping N125 billion in total in 2017.
A breakdown shows that total personnel cost will gulp N23,789,787,880; total overhead cost, N85,878,619,888; and total capital cost, N14,940,196,063.
A breakdown of the estimates shows that the National Assembly gets N14.9bn; Senate, N31.3bn; House of Representatives, N49bn; National Assembly Service Commission, N2.4bn; legislative aides, N9.6bn; Public Accounts Committee (Senate), N118.9m; Public Accounts Committee (Reps), N142.7m; general services, N12.5bn; National Assembly Legislative Institute, N4.3bn; and service wide vote, N391.3bn.
The Senate is currently considering the report by its Committee on Appropriations on the 2017 Appropriation Bill.