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Before transmitting the 2021 budget to President Muhammadu Buhari, the National Assembly added several controversial projects, as well as increased and slashed the budget of some ministries, departments and agencies (MDAs), a PREMIUM TIMES appraisal of the budget has shown.
The 2021 budget proposed by President Buhari to the lawmakers was N13.08 trillion. But upon passage, federal lawmakers used their legislative powers over the budget to up the bill to N13.6 trillion, an increment of over N500 billion.
By this increase, the legislators made the proposal larger than the actual estimates. They also inserted new, controversial projects to the budget, numbering over 1000.
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Okechukwu Nnodim
The Federal Government on Friday received an Outline Business Case Certificate of Compliance and stated that it was now set to commence the procurement process for highways concession.
It received the compliance certificate from the Infrastructure Concession Regulatory Commission.
Minister of Works and Housing, Babatunde Fashola, who received the certificate on behalf of the government and the works ministry, said the roads billed for concession were under the Highway Development and Management Initiative.
The PUNCH had exclusively reported on Friday that the Federal Government would receive the compliance certificate for 12 pilot federal highways billed for concession.
Nigeria: NASS Passes 2021 Budget, Jerks Up Figure By N505bn allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.