NASS Gets N125b, Transportation N123b As Buhari Presents 2020 Budget
President Muhammadu Buhari on Tuesday presented the year 2020 budget proposal N10.33 trillion, ($33.8 billion) to a joint session of the National Assembly In Abuja Nigeria.
Presenting the Budget proposal, Buhari explained in details effort put in place by the present administration to lift the nation’s economy.
The budget is predicated plan of crude production of 2.18 million barrels a day and an oil price of $57 per barrel.
Breakdown of the Budget revealed that N125 billion was allocated to the National Assembly while N110 billion was allocated to the Judiciary.
Other details includes:
Works and Housing – N262 billion
Transportation – N123 billion
UBEC – N112 billion
Defence – N100 billion
Agriculture – N83 billion
Water Resources – N82 billion
Education – N48 billion
Health – N46 billion
North East Dec Commission – N38 billion
SIPs – N30 billion
FCT – N28 billion
Niger Delta – N24 billion