Categories: AFRICA

Buhari Signs $2.388bn 2021 Supplementary Appropriation Bill into Law

Nigeria’s President Muhammadu Buhari has signed the 2021 supplementary appropriation bill of N982,729bn ($2.388bn) into law.

A Senior Special Assistant to the President on National Assembly (House of Representatives) stated this on Monday while briefing state house correspondents after the signing in the Nigerian capital, Abuja.

According to him, the sum of the supplementary budget assented to is N982,729,695,343, of which a considerable amount will be used to fund security and health concerns.

President Buhari’s assent comes a month after the federal executive council approved the supplementary budget for the year.

In June, the country’s minister of finance and national planning, Zainab Ahmed had said the budget contains an aggregate sum of N770.60 billion to further enhance the capacity of the defence and the security agencies to address current and emerging security challenges in our country.

Ahmed said a total of N83.56 billion expenditure is set aside in the budget for the COVID-19 vaccine programme, covering 30 million vaccines from Johnson and Johnson and the logistics costs related to the deployment of the vaccines.

The budget also has a N40 billion provision to take care of the needs for allowances to the health, education sectors, and other wage-related issues.

Ahmed had added that the supplementary also had N1.69 billion for the Nigeria Comprehensive AIDS programme.

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