FG Approves #27.7bn National Assembly Renovation but Reduced Education & Health Budget

FG the budget to renovates the national assembly complex reduces from N37b -27.7bn.

Despite the economic crackdown caused by the Covid-19 pandemic, the government approved #27.7bn to renovate national assembly.

The federal government reduces the budget to renovate the complex of the national assembly. The renovation of the complex was proposed initial cost
of N37bn, which is to be executed by the
Federal Capital Territory Administration, attracted criticisms from a large section of Nigerians last year. So as a result of the drop in the price of crude oil and a fall in the projected government. revenue.

President Muhammad Buhari presented the 2020 Appropriation Act (amendment) Bill to the National Assembly, which both the Senate andt House passed for second reading.

Buhari said that the adjustment became
necessary as the price of crude oil cut in Nigeria crude oil production as a result of covid-19 pandemic.

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