2014 BUDGET PASSED BY THE SENATE. GUESS HOW MUCH ?
On Wednesday April 9th , the Senate passed the 2014 budget which began a debate on the 2014 Appropriation bill with members disagreeing along party lines on its passage.
The bill passed totals a huge sum of N4.695tr, an amount which is N52.2bn higher than the N4.642trl which was submitted by President Goodluck Jonathan to the National Assembly on December 19, 2013, through the coordinating Minister of the Economy and Minister of Finance, Mrs. Ngozi Okonjo-Iweala.
Highlights of the 2014 budget as approved by the senate are, Statutory Transfers (N408,687,801,891), Debts Service (N712,000,000,000), Recurrent Expenditure (N2,454,887,566,702), Capital Expenditure (N1,119,614,631,407) while the Aggregate Expenditure is N4,695,190,000,000.
All this huge amount of money .hmmmmm
Posted on April 10, 2014, in HOME and tagged 2014 budget, Appropriation bill, Mrs. Ngozi Okonjo-Iweala, Nigeria, Politics, President Goodluck Jonathan, senate, the National Assembly. Bookmark the permalink. 2 Comments.