The Senate has revealed why the 2019 Budget was increased by N86 billion.
President Muhammadu Buhari presented a Badger proposal of N8.826 budget to the Joint Sitting of National Assembly for consideration on December 19, 2019.
But the Senate increased it, making the year’s total budget N8.906 trillion.
Explaining the reason for an increase of N86 billion, the Chairman, Senate Committee on Appropriation, Senator Danjuma Goje, said the increase was as a result of the provision for the severance benefit of outgoing legislators and legislative aides.
Goje also added that the increase was meant for induction/orientation and inauguration of new legislators and more funds for security and intelligence agencies to deal with unforeseen security challenges in the country.
He said: “There is a slight increase in the budget deficit.
“This is as a result of the provision for severance benefit of the outgoing legislators and legislative aides, the induction/orientation and inauguration of new legislators, all of which occur once in four years, but were inadvertently not captured in the 2019 Budget proposal.
“There was also the need to provided for funds for security and intelligence agencies to deal with additional emerging/unforeseen security challenges in the country.”