Tag: 2020 budget

  • BREAKING: Senate Passes 2020 Budget

    BREAKING: Senate Passes 2020 Budget

    The Senate on Thursday passed the 2020 appropriation bill (budget). In passing the budget, the lawmakers increased the total sum from 10.330,416,607 to 10.594,362,364. The Senate also increased the benchmark price of crude from 55$ to 57$, however, the exchange rate at N305 to 1$ was retained. President of the Senate, Ahmad Lawan had announced…

  • Buhari imposes travel ban on ministers, head of agencies pending budget defence

    Buhari imposes travel ban on ministers, head of agencies pending budget defence

    President Muhammadu Buhari on Friday barred all ministers and heads of federal agencies from travelling abroad pending their defence of the 2020 budget before the National Assembly. A statement issued in Abuja by Mr Willie Bassey, Director Information, Office of Secretary to the Government of the Federation, said the order was with immediate effect. “The…

  • 2020 budget will take us out of Sodom and safely land us in Gomorrah — Shehu Sani

    2020 budget will take us out of Sodom and safely land us in Gomorrah — Shehu Sani

    Senator Shehu Sani, a former lawmaker representing Kaduna Central senatorial district, has lambasted the 2020 appropriation bill presented to a joint session of the National Assembly by President Muhammadu Buhari on Tuesday. The President presented N10.7trillion for the year 2020 budget estimates. Buhari also said that N125 billion was allocated to the National Assembly, while…