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Showing posts with label Budget. Show all posts
Showing posts with label Budget. Show all posts

Friday 12 June 2020

Senate to consider revised 2020 budget on Thursday


The Senate has disclosed that it is set to consider the revised 2020 budget on Thursday, 11th June, 2020. The hint was given by the President of the Senate, Ahmad Lawan.

According to a statement, this happened on Wednesday during plenary after the Committee on Appropriation laid the report on the 2020 revised budget.

“Tomorrow, we can receive and consider the report to ensure that we don’t delay anything as important as that. So, this is the essence of altering the order paper,” Lawan said.

On Tuesday, the Senate deferred the presentation of the report over a delay by the Minister of Finance, Budget and National Planning, Zainab Ahmed, to provide details for the sum of N186 billion, an amount which is part of the N500 billion COVID-19 intervention fund.

Chairman of the Appropriations Committee, Senator Barau Jibrin, on Tuesday, had explained to his colleagues that the Finance Ministry was yet to comply with the request of the Committee by attaching necessary details for the amount to be captured as part of the 2020 budget amendment bill.

However, the Senate President, Ahmad Lawan, on Wednesday disclosed that the Ministry of Finance, Budget and National Planning had complied with the request of the Appropriations Committee by providing the relevant details for the outstanding N186 billion.

“The development, according to him, makes it expedient for the upper chamber to consider the revised 2020 budget on Thursday during plenary,” the statement added.

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