Buhari to sign N13.58tn 2021 budget today

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President Muhammadu Buhari will today, Thursday, December 31, 2020, sign into law the 2021 appropriation bill passed last week by the National Assembly.

A presidential spokesman, Garba Shehu, confirmed this to newsmen on Wednesday.

The National Assembly had last Monday passed the N13.58tn budget for the next fiscal year.

It had been the desire of the present regime to restore the country’s budget to January to December cycle.

This was achieved with the 2020 budget which Buhari signed into law on December 17, 2019.

Expected to attend the signing the ceremony are; Vice President Yemi Osinbajo, Senate President Ahmad Lawan, Speaker Femi Gbajabiamila of the House of Representatives, principal officers of National Assembly and chairmen of the appropriations committees of both chambers.

Members of the Federal Executive Council (FEC) expected to grace the occasion, include the Minister of Finance, Budget, and National Planning, Hajiya Zainab Ahmed, Minister of State, Budget and National Planning, Clement Agba, Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, and Director General, Budget Office, Ben Akabueze among others.

The 2021 budget is expected to be presented to President Buhari for signing by Senator Babajide Omoworare, Senior Special Assistant (SSA) to the President on National Assembly (Senate) and Umar El Yakub, his counterpart in the House of Representatives.

However, in view of the ravaging COVID-19, the event maybe conducted virtually.

On Monday, the Presidency confirmed the receipt of the 2021 appropriation bill from the National Assembly.