President Muhammadu Buhari Signs Revised 2020 Budget Into Law.

The President Muhammadu Buhari
, has signed the N10.8 trillion revised 2020 budget into law.

Buhari signed the document at the Council Chamber of the Presidential Villa, Abuja at 11.06 am on Friday.

The President explained that the budget had to be revised because of the effect of coronavirus on the nation’s economy.

He said ministries, department and agencies will be given 15 per cent of their capital allocation by the end of the month.

The signing took place inside the Council Chambers of the State House, Abuja.

The Vice-President, Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha Chief of Staff to the President, Ibrahim Gambari witnessed the signing.

From the National Assembly, the Senate President, Ahmed Lawan and Speaker of the House of Representatives, Femi Gbajabiamila and other principal officers also witnessed the signing.

Comments

Post a Comment

Popular posts from this blog

Napoli Deal May Make Osimhen Nigeria’s Costliest Footballer.

Image
Victor Osimhen is poised to become Nigeria’s most expensive footballer if he makes the much anticipated move to Napoli, Kaduna Informant reports. Osimhen’s exploits with Lille last season, when he scored 18 goals and provided six assists in 38 games across all competitions, has seen several clubs launch mammoth bids to sign him this summer, with Napoli already tabling €60m for the Nigerian and have offered a reported salary of €2.5m per annum in a four-year deal. He was voted the club’s player of the year and also scooped the prize for the Best African Player in Ligue 1. The deal, if completed by Tuesday (today), will eclipse the £38m that Everton paid Arsenal for Alex Iwobi last season. The previous records were held by Kelechi Iheanacho, Odion Ighalo and Ahmed Musa, when they joined new clubs in recent years. Iheanacho broke the then-record of most expensive Nigerian footballer of all-time when he sealed a move from Manchester City to Leicester City in 2017. The former U-17 champion ...
Read more

Chelsea take Champions League pursuit to Selhurst Park.

Image
Chelsea's English midfielder Callum Hudson-Odoi (2L) celebrates with teammates after scoring his team's third goal during the English Premier League football match between Chelsea and Burnley at Stamford Bridge in London on January 11, 2020. ‌ The race of Champions League football continues on Tuesday when Crystal Palace welcome Chelsea to Selhurst Park. With Manchester United’s superb form since the restart inching them closer to a top-four finish and Leicester dropping points, Chelsea will have one eye over their shoulder and one firmly looking forward when they take on Roy Hodgson’s men. Palace have struggled following the restart, losing three of their four games back and have tumbled down to 13th in the Premier League. Chelsea’s form since the football’s return has been largely positive, winning four of their first five games, but with Manchester United closing the gap between the two sides quickly, the Blues will desperately need all three points on Tuesday. Palace will b...
Read more

Hoodlums looted 100 AK-47 rifles in Lagos police stations – Force committee.

Image
Inspector-General of Police Committee on EndSARS Protest Damage Assessment has said that about 100 AK-47 rifles and 2,600 pieces of ammunition are missing as a result of attacks on police formations in Lagos State by hoodlums who hijacked protests. The committee stated that 37 police formations were attacked during the widespread violence in the state while 367 vehicles, including 10 Armoured Personnel Carrier, saloon cars and Hilux vans were burnt. The Chairman of the 10-man committee, CP Yaro Abutu, who disclosed this on Saturday in an interview with our correspondent, said the team was taking the inventory of property destroyed in police facilities across the country. The Cardinal Daily News has learnt that the committee is expected to submit its report to the IG, Mohammed Adamu, within three weeks. Abutu lamented that it was unfortunate the destruction happened towards the end of the year “when there is a surge in criminality all over the country.” Abutu said, “We are taking a tour...
Read more