President Muhammadu Buhari on Thursday signed the 2021 Appropriation Bill of N13,588,027,886,175 into law.
The signing was conducted this morning at the Council Chambers of the State House, Abuja.
This was confirmed in a tweet by Personal Assitant on New Media to President, Bashir Ahmed on Thursday.
President @MBuhari has signed the 2021 Appropriation Bill of N13,588,027,886,175 into law, this morning at the Council Chambers of the State House, Abuja pic.twitter.com/HQwutmtDvr
— Bashir Ahmad (@BashirAhmaad) December 31, 2020
Solacebase recalls that National Assembly, last Monday passed the 2021 Appropriation Bill to the tune of N13, 588, 027,886, 175 trillion as an aggregate expenditure.
Read Also: Senate passes 2021 Appropriation Bill of N13.5trn
The approved budget figure by the National Assembly comprises total Capital Supplementation of N1,060,751,051,650 and total Capital Expenditure of N4,125,149,354,222, Statutory Transfer stands at N496,528,471,273; recurrent Expenditure of N5,641,970,060,680 and Gross Domestic Product, GDP growth rate of 3.00 Percent.
The passed budget Bill by the National Assembly also provided the sum of N3,324,380,000 trillion for debt servicing.
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