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2021: Another Budget Passes Jan-Dec Cycle Test


Last week, the National Assembly passed the 2021 Appropriation Bill presented to it by President Muhamnadu Buhari in October, making it the second budget to pass the January to December cycle since the Buhari administration reverted to the old practice. Udora Orizu writes
The Budget Presentation
In a bid to maintain the January-December budget cycle, President Muhammadu Buhari had on Thursday, October 8, presented N13.8 trillion 2021 Appropriation Bill to the joint session of the National Assembly for consideration and approval. The 2021 budget estimate is N211 billion higher than the N10.594 trillion of the 2020 budget passed by the legislature in December 2019, before it was revised to N10.509 trillion against the backdrop of the Covid-19 pandemic. ....

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