The Nigerian Senate has passed the 2021 budget with a total of N13.5trn. The fiscal document is prognosticate on oil benchmark $40 per barrel, N3.324trn for debt servicing, N4.1trn for capital expenditure, N5.6 trillion for recurrent while N496 billion was appropriate for statutory transfer.
The budget has an addition of N505bn.
Recounting that President Buhari presented a N13.082trn budget to National Assembly on October 8.
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