Reps recieve 2019 budget report

Members of the House of Reps
Members of the House of Reps

The House of Representatives committee on appropriations has laid the report of 2019 budget before the whole house.

The report was laid on Wednesday by the chairman of the house committee on appropriations, Mustapha Dawaki. He, however, did not give details of the report.

The Senate Committee on Appropriation had earlier, on Wednesday, laid its own report on the 2019 Appropriation Bill.

The house report will now be considered by the committee of the whole on a day that would be determined by presiding officers. The house is expected to adjourn for the Easter break scheduled for this weekend.

President Buhari had in December 2018 proposed a budget of N8.83 trillion for 2019. The president presented the budget at a joint session of the National Assembly.

The proposed budget shows that about a quarter of the sum (N2.14 trillion) will be used for debt servicing while capital expenditure is expected to gulp N2.031 trillion.

Further breakdown presented by the president shows that proposed recurrent expenditure is N4.04 trillion; the statutory transfer is N492.36 billion while there is a sinking fund of N120 billion, while capital expenditure is N2.031 trillion.


PT Mag Campaign AD

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: This space is available for a Text_Ad.. Call Willie on +2347088095401 for more information

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.