2021 Budget Scale First Reading At The Senate

Tunde Bakare

The 2021 appropriations Bill has scaled its first hurdle in the Senate following a 3-day debate by Senators.

The 2021 budget estimate of N13.08trillion was presented to the joint session of the Senate by President Muhammadu Buhari on October 8.

Following its passage, Senate President Ahmad Lawan announced that the Red Chamber will suspend plenary for 3weeks; to allow committees to focus on budget defence by Ministries; Departments; and Agencies.

The Senate President also called for the use of Public-Private Partnership by the government; to address the growing deficit.

“We could go for PPP so we reduce the necessity to borrow; but whatever it takes we need to provide infrastructure. Let us look into other sources of funding the infrastructure”, he said

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