National Assembly Receives 2021 Proposed Budget (Details).

 


Thirteen trillion Naira budget plan has been received by members of the National Assembly. The budget is for the year 2021 and it has been explicitly detailed on how the allocation will be. President M. Buhari submitted the proposed budget to the National Assembly today. 

The ministry of health has been budgeted to get  N380.21b, N3.8 trillion has been proposed for execution of capital projects by all ministries,  agencies including departments. The National Assembly is to receive N128 billion. 

Furthermore, Buhari stated that the budget expects that crude oil production would take 1.86 million barrels daily considering the exchange rate. This includes the oil price of 40 dollars per barrel. It's no news that the exchange rate is currently a dollar to three hundred and seventy nine naira ($1-N379).

2 Comments

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