BREAKING: Reps pass N10.8trn revised budget, approve Buhari’s $5.5bn loan

House of Representatives, on Wednesday, passed the revised 2020 Appropriation Bill, raising the national budget from the proposed N10.5tn to N10.8tn.

Although the Committees on Appropriations and Finance, whose report was considered and adopted ‎at plenary, recommended N10,801,544,664,642, the lawmakers inserted an additional N4bn for the welfare of members of the National Association of Resident Doctors threatening to embark on an indefinite strike.

The House also approved President Muhammadu Buhari’s request to obtain $5,513,000000 external loans.

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