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Finally, national assembly releases details of its budget

Finally, national assembly releases details of its budget
May 11
14:39 2017

The national assembly has released details of its budget for 2017, which totals N125 billion.

The budget is N10 billion above the amount proposed by President Muhammadu Buhari in December.

According to the breakdown of the budget, the management of the national assembly has N6.7 billion for personnel cost, N6.2 billion for overhead costs and N2 billion for capital.

The total money voted to the management of the national assembly is N14.9 billion.

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The senate has N1.8 billion for personnel costs, N25 billion for overhead costs and N4 billion for capital, receiving a total of N31 billion.

The house of representatives has N4.9 billion for personnel costs, N39.6 billion for overhead costs and N4.5 billion for capital. The total sum voted for to the lower legislative chamber is N49 billion.

The national assembly service commission has N961 million for personnel cost, N1.1 billion for overhead costs and N309 million for capital, and a total of N2.4 billion.

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Public accounts committee of senate got N118 million for overhead costs.

The house of reps got  N142 million for same.

This is the first time in eight years the national assembly will make details of its budget public.

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