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Buhari To Sign Revised 2020 Budget Into Law Friday

President Muhammadu Buhari will sign the revised 2020 budget into law on Friday, July 10th.

The FG team led by the Minister of Finance, Zainab Ahmed met the leadership of the Senate to put finishing touches to the budget which has already been passed by the National Assembly.

President Muhammadu Buhari

Engagement on the 2021 budget also began.

Bashir Ahmad, Personal Assistant to the President on New Media revealed that Buhari will sign the revised budget on Friday, weeks after the budget was revised following the new and harsher economic realities brought about by the COVID-19 pandemic.

Nigeria had to cut its budget to a feasible size after COVID-19 made oil prices dip and dealt a huge blow on the local and global economy.

 

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