2021 supplementary appropriation Bill of N983bn Signed into law

N983bn 2021 supplementary appropriation Bill Signs into law by President Buhari

President Muhammadu Buhari signed the N982,729,695,343 Supplementary Appropriation Bill into law on Monday.

Umar El-Yakub, the President’s Senior Special Assistant on National Assembly Matters (House of Representatives), said this while briefing State House media at the Presidential Villa in Abuja.

According to El-Yakub, the Act will primarily support security and health problems.

It would be recalled that the Federal Executive Council, chaired by President Muhammadu Buhari, approved a draft supplementary budget of N895,842,462,917 for the fiscal year 2021 approximately a month ago.

The supplementary budget is mostly used to purchase military and medical infrastructure equipment, as well as COVID-19 vaccines.

Mrs. Zainab Ahmed, the Minister of Finance, stated last month that the budget contained a total of N770.60 billion to strengthen the defense and security agencies’ capabilities to meet current and emerging security threats in the country.

She also stated that a total of N83.56 billion had been made out in the budget for the COVID-19 vaccine program, which would cover 30 million vaccines from Johnson & Johnson as well as the logistics costs associated with their deployment.

A N40 billion provision is also included in the budget to cover the costs of allowances for the health and education sectors, as well as other wage-related difficulties.

The additional budget also included N1.69 billion for the Nigeria Comprehensive AIDS Programme, according to Ahmed.

You may also like...