N895.8bn Supplementary Budget Passes Second Reading In House of Reps

The 2021 Supplementary Appropriation Bill has passed second reading at the House of Representatives.

The money bill of N895.842billion was passed on Wednesday during plenary by a session presided over by the Speaker, Rep. Femi Gbajabiamila.

The Leader of the House, Rep. Alhassan Ado-Doguwa, while leading debate on the general principles of the bill, said the two main expenditure heads were health and insecurity.

ALSO READ  Senate Asks Buhari To Declare State Of Emergency On Security

Ado-Doguwa explained that under health, the focus of the budget was the procurement of adequate vaccines to vaccinate the majority of Nigerians against the spread of COVID-19.

The leader also said additional funding was proposed in the budget to tackle insecurity, particularly the war against insurgency in the North-East, kidnapping and banditry.

ALSO READ  Gunmen Kill 33, Abduct 54 Girls In Borno Village

He urged members to support the speedy passage of the bill, considering the urgency of the issues it proposed to address.

A breakdown of the supplementary budget shows that N173.445bn is earmarked for recurrent expenditure, while N722.396bn is for capital expenditure.

It was read for the first time on Tuesday, June 29, before it passed second reading on Wednesday (June, 30).

ALSO READ  IITA, Premier Agribusiness Academy sign MoU for Capacity Building, Food Security in Nigeria

The bill was passed by members in a unanimous voice vote soon after Ado-Doguwa rounded off his debate.

The National Assembly had earlier in December 2020, passed N13.588 trillion as the main budget for 2021, which was signed into law by President Muhammadu Buhari.

Share This Post

Leave a Reply

%d bloggers like this: