2019 Appropriation Bill Passes Second Reading At Senate

The 2019 appropriation bill has passed a second reading at the Nigerian Senate.

Passing its second reading at the upper legislative chamber on Tuesday, the bill has now been forwarded to relevant Appropriation Subcommittees of the Senate for the budget defence and presentation by Ministers and other Heads of Ministries, Department and Agencies of the Federal Government.

The budget totalling, N8,826,636,578,915 has a recurrent expenditure of N4 trillion, while N2 trillion goes for capital expenditure with N2.2 trillion and N492 billion for debt servicing and statutory transfers respectively.