Buhari signs N982.7billion supplementary budget into law

Buhari signs N982.7billion supplementary budget into law

President Muhammadu Buhari on Monday, July 26, signed the N982.7 billion supplementary budget for 2021 into law.

The Presidency presented the budget to the National Assembly to address urgent security; as well as COVID-19 needs of the nation.

Malam Garba Shehu, the president’s Senior Special Assistant on Media and Publicity, who confirmed this in a statement, said Buhari commended the National Assembly for speedy passage of the Bill for the supplementary budget.

According to the presidential aide, N123.3 million of the budget will go for recurrent (non-debt) expenditure, while N859.3 billion is for contribution to the Development Fund for capital expenditure for the year ending on Dec. 31.

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He said Buhari assured that the executive arm of government would ensure the timely delivery of capital projects; to achieve the laudable objectives of the budget.

Those who witnessed the signing of the supplementary budget included Vice-President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha as well as the Chief of Staff to the President, Prof. Ibrahim Gambari.

Others were the Director-General, Budget Office of the Federation, Ben Akabueze; and also Senior Special Assistant to the President on National Assembly Matters (House), Hon. Umar el-Yakub.

Meanwhile, the president has also, at an earlier date, signed the Orthopaedic Hospitals Management Board (Amendment) Act, 2021.

The Act amends the Orthopaedic Hospitals Management Board Act Cap. 010 Laws of the Federation of Nigeria, 2004.

Meanwhile, President Muhammadu Buhari will on Monday, July 26, depart Abuja for UK to participate in the Global Education Summit on Financing Global Partnership for Education (GPE) 2021 to 2025.

The President’s spokesman, Mr Femi Adesina, who confirmed this development in a statement in Abuja on Monday; said the summit would be co-hosted by the Prime Minister of the UK, Boris Johnson, and the President of Kenya, Uhuru Kenyatta.

According to him, the summit will bring together Heads of State and Government as well as stakeholders and youth leaders; and provide a platform for partners to chart a way forward towards transforming education systems in partner countries; through an exchange of best practices.

 

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