The House of Representatives has passed the 2020 budget of 10,594,362,364,830 naira.
During plenary on Thursday, the lawmakers insisted that the budget will run from 1st January to 31st December 2020, thereby returning the country to the January to December budget cycle.
In the budget, the ministry of works gets the highest capital allocation of 315,563,564,269 while education gets a capital budget of 84,728,529,572.
The health sector follows closely with a capital budget of 59,909,430,837.
The national assembly also increased its budget from 125 billion to 128 billion.
Eze Onyekpere Executive Director, Cente For Social Justice in his submission is concerned about how the funding of the adjusted budget will come through since the debt service is more than capital service allotments. Changes were made in health, education and work & housing sectors to raise the budget proposed by President Buhari from N10.3tn to N10.594tn.
He believes that the country have failed to think scientifically in our budget allotments and execution.
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