Vunderkind
Social Member
The Senate Wednesday considered and passed a budget of N4,695,190,000,000.00 for the 2014 fiscal year.
The amount represents an increase of N53billion of the N4,642,960,000,000.00 2014 budget estimates presented to the National Assembly by President Goodluck Jonathan through the Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala on December 19, 2013.
Of the amount, N408,687,801,891.00 was approved for statutory transfers against the N399,687,801,891.00 proposed by the executive. The sum of N712billion was approved for debt service as proposed.
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Source: Nigerian Eye
The amount represents an increase of N53billion of the N4,642,960,000,000.00 2014 budget estimates presented to the National Assembly by President Goodluck Jonathan through the Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala on December 19, 2013.
Of the amount, N408,687,801,891.00 was approved for statutory transfers against the N399,687,801,891.00 proposed by the executive. The sum of N712billion was approved for debt service as proposed.
Click here to read more
Source: Nigerian Eye
