EconomyBuhari Signs N983 Billion Supplementary Budget

ABUJA — President Mohammed Buhari has signed into law the 2021 Supplementary Appropriation Bill.

The supplementary budget which had earlier been passed by the National Assembly was summed to N983 billion (N982,729,695,343) and will be used to fund security and health concerns.

Umar El-yakub, senior special assistant to the president on the National Assembly (House of Representatives) disclosed the development to journalists on Monday.

Speaking on the bill, Zainab Ahmed, minister of finance, budget, and national planning, said the budget contains an aggregate sum of N770.60 billion to further enhance the capacity of the defense and the security agencies to address current and emerging security challenges in our country.

She noted that N83.56 billion expenditure has been set aside in the budget for the COVID-19 vaccine programme, the fund will cover 30 million vaccines from Johnson and Johnson and the logistics costs related to the deployment of the vaccines.

Also, N40 billion has been budgeted for the provision of needs for allowances to the health and education sector.

Beloved John (Staff Writer)

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