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Buhari signs 2021 Budget of N13.588trn, Finance Act
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By Johnbosco Agbakwuru, Yinka Kolawole & Nkiru Nnorom
PRESIDENT Muhammadu Buhari, yesterday, signed the 2021 Appropriation Bill of N13.588 trillion as well as the 2021 Finance Bill into law.
He also issued stern warning to agencies of government saddled with revenue generation to work hard to meet their targets or face severe sanction.
Speaking at the signing ceremony that took place at the Council Chamber, Presidential Villa, Abuja, President Buhari hinted that he will soon send a borrowing plan to the National Assembly since the 2021 budget has deficit and in view of the amendments made to the executive proposals by the lawmakers, he would revert to them for amendments, virements or other necessary adjustments.