President Muhammadu Buhari has signed the N10.59 trillion 2020 Appropriation Bill into law.
As reported earlier by The Eagle Online, Buhari signed the budget document into law on Tuesday.
This was done in the presence of the Vice President, Prof. Yemi Osinbajo (SAN); President of the Senate, Ahmad Lawan; Speaker of the House of Representatives, Femi Gbajabiamila; and other Principal Officers of the National Assembly.
The Eagle Online reports that the budget was increased by N260 billion from N10.33 trillion as contained in the proposal submitted by Buhari on October 8 to a joint sitting of the National Assembly.
Since Nigeria returned to democracy in 1999, this is the first time the budget would be passed and signed before the budget year begins.
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