Business
President Buhari Presents 2021 Budget, NASS Gets N128Bn
The National Assembly will be funded with N128 billion in 2021.
This is as the President Muhammadu Buhari, admitted that the Federal Government is spending more on recurrent expenditure.
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Buhari, while presenting the 2021 Appropriation Bill to a joint session of the National Assembly on Thursday, noted that personnel cost is still the largest component of budget expenditure.
The President blamed this on non-existent personnel (ghost workers) and unauthorised allowances introduced by Ministries, Departments, and Agencies.
He, therefore, ordered heads of the MDAs to get approval before any recruitment.
President of the Senate, Ahmad Lawan, had said the National Assembly is ready to pass the 2021 Appropriation Bill before the end of 2020.
Lawan made this known in his opening remarks before Buhari was called to lay the national budget before the joint session of the National Assembly.
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