2021 Budget: Reps approve N13.08 trillion expenditure

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The House of Representatives has approved the Medium Term Expenditure Framework (MTEF), the Fiscal Strategy Paper (FSP), and put the total government proposed 2021 expenditure at N13.08 trillion.

This followed a unanimous adoption of a report presented by the Chairman, House Committee on Finance, James Faleke (APC-Lagos), on Wednesday.

The House approved a total recurrent (Non-Debt) of N5.67 trillion, N3.58 trillion for personnel costs, N350 billion for special intervention recurrent and N20 billion for capital.

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About Olalekan Awodehinde 5843 Articles
Olalekan Awodehinde is a seasoned investigative reporter. He is currently an editor @Afronaijanews.com and also a social media strategist, writer, freelancer. Our passion here is to keep you updated and give you undiluted, genuine information with professionalism. Contact|WhatsApp Me: 0807 637 6053