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BREAKING: House Of Reps Increases 2020 Budget To N10.6 Trillion

The federal House of Representatives has increased the 2020 Appropriation Bill from N10.33 trillion to about N10.6 trillion.

Igbere TV reports that the new figure was proposed by the House Committee on Finance during plenary on Wednesday, December 4.

Our National Assembly correspondent reports that a total budget sum of N10,594,362,364,830 was proposed by the committee.

President Muhammadu Buhari had on October 8, 2019, presented the Appropriation Bill to a joint session of the National Assembly.

Findings by Igbere TV showed that there are plans by the National Assembly to pass the bill before Christmas, as to reset the nation’s budget pattern to Jan-Dec cycle.

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