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Budget

File: Buhari presenting the 2018 funds

The National Assembly has elevated the 2018 appropriation to N9.120 trillion from the N8.612 trillion offered by President Muhammadu Buhari.

This is contained within the report of the National Assembly joint Committees on Appropriation simply offered to members.

According to the doc laid on the House on Tuesday, N530,421,368,624 was proposed for statutory switch; N2,869,600,351,825 for improvement fund for capital expenditure; N3,516,477,902,077 for recurrent (non debt) expenditure; whereas N2,203,835,365,699 is for debt service; and N199bn as sinking fund for maturing mortgage.

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