Monday , 22 April 2019
Home / Politics / NASS receives 2018 budget, jerks amount to N9.120trillion.

NASS receives 2018 budget, jerks amount to N9.120trillion.

The National Assembly has Tuesday at plenary received the initial 2018 supplementary budget, and has used its volition to jerked the said budget to a whooping sum of N9,120,334,988,225.
According to the budget document, N530,421,368,624 was proposed for statutory transfer; N2,869,600,351,825 for development fund for capital expenditure; N3,516,477,902,077 for recurrent (non debt) expenditure while N2,203,835,365,699 is for debt service; and N199b for sinking fund for maturing loans.
The jerk in the budget was principally done by the House of Representatives in consonant by the Senate.
AmarSim Associations Development Consultants

Check Also

How my successor will emerge, by Dickson

Bayelsa State Governor, Seriake Dickson, at the weekend said his successor would not come from …

Leave a Reply

Your email address will not be published. Required fields are marked *