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Reading: Senate Approves President Buhari’s N213bn Request
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Senate Approves President Buhari’s N213bn Request

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2016/11/29
1 Min Read
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NIGERIAN SENATE


The Upper chamber of the National Assembly of Nigeria on Tuesday approved  the N213bn billion virement request by President Muhammadu Buhari.

 

Senate-New-1-2-1-1-1-1-1-2-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-2-1-1

Recall that the House of Representatives increased the N180 billion virement sought for Buhari to fund critical recurrent and capital items by N28 billion, taking it to N208.821 billion.

The president had written the National Assembly on Oct. 26, seeking for the approval of the legislature to vire N180.8 billion from the funds appropriated for special intervention in the 2019 budget.

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The intervention is to fund critical recurrent and capital items.

Senate approves the virement of funds for Special Intervention (Recurrent & Capital) for funding of Critical Recurrent & Capital Items.

— The Nigerian Senate (@NGRSenate) November 29, 2016

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