BREAKING News: Finally, National Assembly Publishes Its 2017 Budget

 

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.