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Monday, November 25, 2024

National Assembly Publishes Its Budget First Time Ever [Breakdown]

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The National Assembly, for the first time ever, published the details of its budget on Thursday.

This is in fulfilment of promise by President of the Senate, Bukola Saraki, that the 8th NASS will publish its 2017 budget.

Senate President, Bukola Saraki, in a series of tweets, said that the “budget breakdown for @nassnigeria has been released.”

“We said we will, and we did,” Saraki said.

The budget showed that the National Assembly has budgeted N125bn as against N115bn in 2016.

A summary of the Proposed 2017 Budget showed that the National Assembly gets N14.9bn.

While Senate gets a total of N31.3bn, the House of Representatives gets N49bn.

The National Assembly Service Commission gets N2.4bn while the legislative aides get a budget of N9.6bn.

Also, Public Accounts Committee (Senate) gets N118.9m while that of Reps gets N142.7m.

The breakdown further shows that the General services gets N12.5bn; National Assembly Legislative Institute, N4.3bn while the Service wide vote gets N391.3bn.

 

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