BREAKING: Buhari Signs 2020 Budget

Related stories

Oba Otudeko: EFCC Drops ₦12.3 Billion Fraud Case After FirstHoldco Shares Sale

By Abiola Olawale The Economic and Financial Crimes Commission (EFCC)...

Super Falcons dethrone South Africa, romp into WAFCON final in Morocco

The Super Falcons of Nigeria booked their place in...

Big Oil’s Power Couple Heads to Guyana

Following the completion of Chevron’s acquisition of Hess Corporation,...
President Muhammadu Buhari has signed the N10.59 trillion 2020 appropriation bill into law.

The president signed the budget document into law on Tuesday in the presence of Vice President Yemi Osinbajo, Ahmad Lawan, the senate president, Femi Gbajabiamila, speaker of the house of representatives, amongst other principal officers.

Muhammadu Buhari

@MBuhari

It is my pleasant duty, today, on my 77th birthday, to sign the 2020 Appropriation Bill into law. I’m pleased that the National Assembly has expeditiously passed this Bill. Our Federal Budget is now restored to a January-December implementation cycle.

The budget was increased by N260 billion from N10.33 trillion as contained in the proposal submitted by Buhari on October 8.

This is the first time since Nigeria returned to democracy in 1999 that the budget would be passed and signed before the budget year.

More to follow…

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
Oba Otudeko: EFCC Drops ₦12.3 Billion Fraud Case After FirstHoldco Shares SaleReconsider Travel to Nigeria, Somalia, Libya, Chad, DRC, 7 Others, US Tells Citizens in Latest Travel AdvisoryDrama as Trump Accuses Obama, Biden, Others of Alleged Treason, Vows To Go After themSuper Falcons dethrone South Africa, romp into WAFCON final in MoroccoBig Oil’s Power Couple Heads to GuyanaThe U.S. Has Only The 10th Most Powerful Passport: Here’s What That Means2027: PDP Eyeing Jonathan, Others for Presidential Race, Party Official Reveals$24 Billion Loan: Senate Approves Tinubu's Request, Loan StrategyAlleged N80.2bn Fraud: Court Throws Out Yahaya Bello's Travel Request[VIDEO] Natasha vs Akpabio: Tension as Natasha Denied Access To National Assembly Complex2027: Drama as Davido's Uncle, Gov Adeleke, Osun PDP Endorse TinubuDetails as NNPC Remits N6.69 trn to Federation Account in First Half of 2025Just In! CBN Retains Interest Rate at 27.5% for Third Time in 2025Datti Baba-Ahmed Attends Abure-Led Labour Party NEC Meeting, Vows to Reunite Obi, Otti, OthersJust In! Nigeria’s Economy Surges with 3.13% Growth in Q1 2025, NBS Reports
X whatsapp