2020 Appropriation Bill: Works, Power, Get Highest Budget Allocation - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
October 9, 2019
The Ministry of Works and Housing gotthe highest projected sharing of about two hundred and sixty two billion nairafrom the ten point three trillion naira budget proposal.
This was contained in the proposal aspresented by President Muhammadu Buhari to a joint session of the NationalAssembly on Tuesday.
He said that the projected allocationof Ministry of Power was one hundred and twenty seven billion naira and that ofTransportation was one hundred and twenty three billion naira.
President Buhari in the budgetproposals anchored all the estimates and projections on parameters earlierproposed and approved by the National Assembly as contained in the 2020 to 2022Medium Term Expenditure Frame work, MTEF and Fiscal Strategy Paper, FSP.
He however, said inflation isexpected to remain slightly above single digits in 2020.