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Budget: Senate in closed session


The budget could be passed on Thursday if senators do not seek to make changes.

However, the 2017 Appropriation Bill presented by the Chairman of the House Committee on Appropriation, Mustapha Dawaki and passed by the lawmaker, was N143 billion higher than what was presented to the National Assembly by President Buhari.

A spokesperson for Senate President Bukola Saraki, Sani Onogu, told PREMIUM TIMES that "line by line details of the NASS budget were in the appropriations bill".

Pulse recalls that Senator Goje had alleged that the Police hijacked part of the 2017 budget during a raid of his residential apartment in April.

The Committee is also proposing N434,412,950,249 for Statutory Transfers as against N419.02b proposed by the Presidency.


The sum of N2,987,550,033,436 was appropriated for non-debt recurrent expenditure of the MDAs that are not under statutory transfers club, while capital expenditure is slightly less, taking N2,177,866,775867.

The Senate has published a budget of N125bn as the National Assembly's projected spending for 2017. The budget assumes an oil price of $44.5 a barrel and foreign borrowing of 175.9 billion naira and domestic borrowing of 1.488 trillion naira, lawmakers said.

Lawan noted that if implemented, the budget would meets its aim of economic recovery and growth.

Speaking in the plenary, Dino Melaye said: "For the first, the budget contains full details of the National Assembly, not only line by line, but explicitly".

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