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Breaking News: Senate Passes 2016 Budget
Posted by George on Wed 23rd Mar, 2016 - tori.ngPresident Muhammadu Buhari has been given his needed boost as the Nigerian Senate passes the 2016 appropriation bill.
President Muhammadu Buhari presenting the budget to the senate
The Senate has passed the N6.08 trillion budget for 2016, with an unprecedented reduction in the budget’s total.
President Muhammadu Buhari presented a N6.08 trillion proposal in December 2015.
The Senate passed N6,060,677,358,227 trillion budget after considering its conference report on the budget.
"It was the first time since 1999 that the National Assembly would approve a figure lower than proposed by the executive," John Enoh, who heads the senate finance committee, said.
He said, that reflected the “mood of the country and the world” and showed “discipline” on the part of the National Assembly.
President Muhammadu Buhari presented a N6.08 trillion proposal in December 2015.
The Senate passed N6,060,677,358,227 trillion budget after considering its conference report on the budget.
"It was the first time since 1999 that the National Assembly would approve a figure lower than proposed by the executive," John Enoh, who heads the senate finance committee, said.
He said, that reflected the “mood of the country and the world” and showed “discipline” on the part of the National Assembly.
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