Tuesday, April 30 2019 / 02:30PM / By Dyepkazah
Shibayan of TheCable
The senate has
passed a sum of N8.916 trillion as estimates for the 2019 budget as against
N8.83 trillion earlier proposed by President Muhammadu Buhari.
The new budget
figure was passed after Danjuma Goje, chairman senate committee on
appropriations, presented a report on Tuesday.
The figure is
N86 billion higher than the estimated presented by Buhari before a joint
session of the national assembly on December 19.
noted that this is the first time that the senate would not tamper with key
assumptions such as $60 per barrel of crude oil and N305/$ benchmark.
“This is the
first time that the benchmark will not be increased,” he said.
senators voted on the clauses of the appropriation bill in the committee of
approved a N10 billion intervention fund for Zamfara following the activities
of bandits and kidnappers that have ravaged the state.
Here are key
components of the budget as passed by the senators.
- Statutory transfer (for the national assembly,
National Judicial Council (NJC) and Public Complaint Commission (PCC)
among others – N502.58 billion
- Debt service (foreign and domestic) – N2.25
- Recurrent expenditure – N4.65 trillion
- Capital expenditure – N2.94 trillion
1. Proposed Budget
2019 Analysis - FG Proposes To Spend N8.83trn in 2019
2. Ambode Presents
N852.316bn Year 2019 Budget To House Of Assembly
3. The Nigerian
Budget 2019 And Issues Arising - Sanda
4. Human Rights
Activist Drags Governor Obiano to Court Over 2019 Appropriation Bill
5. Subpar Budget
Revenues From Oil
6. Beyond Politics
– Putting Government Under Pressure For Immediate Performance
7. Mohammed Bin
Rashid Approves DIFC’s New Expansion Plan, Launches 50 Year Charter
8. 2019 Budgets:
Update on States in Nigeria (1)
9. My Takeaways
From Nigeria’s Budget 2019 - Atiku
10. Breakdown Of The
2019 FGN Budget Proposal
11. 2019 Budget to
Place Nigeria on Path of Inclusive and Sustainable Economic Growth - Buhari
12. 2019 Budget
Speech Delivered By His Excellency President Muhammadu Buhari
13. President Buhari
to Present 2019 Budget to NASS on December 19, 2018
14. Sub-par Capital
Spending By The FGN
15. A Cut Above
Growth - Can N9.12trn Budget Do The Thrilling?
16. Buhari and The
National Assembly of Keynesians
17. Breakdown of
Budget 2018 Presented by Minister of Budget and National Planning
Buhari’s Speech At The Signing of The 2018 Appropriation Bill into Law
19. Budget 2017:
Total Capital Cost Released to MDAs Was N1.58trn
20. LCCI Outlines
The Impact of Late Passage Of The 2018 Budget