- President Muhammadu Buhari will submit the 2021 budget in one week time
- Ahmad Lawan, Senate president, made this known as federal lawmakers resumed plenary
- Lawan said the appropriation bill will be scrutinised from October to November and submitted to the president for assent by December 2020
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Ahmad Lawan, president of the Senate, has disclosed that the appropriation bill for the year 2021 will be submitted to the National Assembly (NASS) in one week time.
The Senate president made this disclosure as the upper chamber resumed plenary on Tuesday, September 29, after a two-month recess.
He also said Buhari will submit the 2021 budget to the two chambers (Senate and the House of Representatives) for apt scrutiny.
The federal government has already proposed N12.66 trillion as aggregate expenditure for the 2021 fiscal year, Premium Times reports.
Lawan, who doubles as the president of the 9th National Assembly (NASS), said the budget will be handled by various committees of the upper legislative chamber from October to November during which heads of ministries, departments and agencies (MDAs) will be expected to defend their estimates.
Assuring that the budget will be passed in the early hours of December 2020, Lawan said the bill will be sent to the president for assent.
In his words:
“I am aware that the Executive will be presenting the 2021 Budget Estimates by next week. Like last year, the month of October, 2020 will be dedicated for this exercise. Subsequent months of November and December will be dedicated to the internal processing of the Budget by NASS.
“The various MDAs are therefore advised to ensure that they avail themselves the opportunity of the Budget defense window to appear with all the relevant and necessary information to defend their Budget Estimates."
Meanwhile, Legit.ng reported that the federal government declared Thursday, October 1, as public holiday to mark the country's 60th Independence Anniversary Celebration.
The minister of interior, Rauf Aregbesola, made the declaration on behalf of the federal government on Tuesday, September 29.
Aregbesola congratulated all Nigerians on the celebration of the country’s Diamond Jubilee and reiterated the government’s commitment to the socio-economic transformation of the country.
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