Posted on Dec 29, 2020
National Assembly has transmitted the 2021 budget of N13.5trillion to President Muhammadu Buhari for assent, it was learnt Monday night.
The National Assembly had passed the 2021 Appropriation Bill on Monday December 21 during a special sitting by both chambers.
Although, the Chairman Senate Committee on Appropriation, Senator Jibrin Barau and the Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Babajide Omoworare, could not be reached for comment, sources close to the two public officials confirmed the development
Reports also quoted the two personalities to have confirmed that the budget is now being reviewed by Buhari after it was duly transmitted to him by the National Assembly.
By this development, President has up till Thursday 31st December to assent to the Bill in order for its implementation to conform to the January – December fiscal cycle of the present administration.