Nigerian Senate Passes N982.72 Billion Supplementary Budget

The Nigerian Senate on Wednesday passed the 2021 Supplementary Budget of N982, 729,695,343.00 representing an increase of N87billion over the request presented to it two weeks ago by President Muhammadu Buhari.

President Buhari had proposed N895,842,465,917.00 but the Senate Committee on Appropriation in its report presented by the Chairman, Senator Jibrin Barau, increased it to N982,729,695,343.00.

Buhari had said that the amount was needed to fund the COVID-19 vaccine programme and health related expenditures for treatment of additional 50,000 patients under the Nigeria Comprehensive AIDS Programme in states.

He also added that part of the money would be used to procure additional equipment captured in this year’s capital expenditure on defence and security to combat security challenges across the country.