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HomeFinance, MoneyNigeria gets 2021 supplementary budget of N982bn

Nigeria gets 2021 supplementary budget of N982bn

President Muhammadu Buhari Monday in Abuja signed a supplementary budget of N982.7bn for 2021 to address urgent security and COVID-19 needs of the nation.
The President signed the Supplementary Appropriation Act, 2021 in his office at the State House in the presence of Vice President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha, Chief of Staff, Prof. Ibrahim Gambari and Director-General, Budget Office of the Federation, Ben Akabueze and Senior Special Assistant to the President on National Assembly Matters (House), Hon. Umar el-Yakub.
Of the amount, N123.3 million is for recurrent (non-debt) expenditure while the sum of the N859.3bn is for contribution to the Development Fund for the capital expenditure for the year ending on the 31st day of December, 2021.
President Buhari commended the National Assembly for the expeditious consideration and approval of the supplementary budget, assuring that the executive arm of government would ensure the timely delivery of capital projects to achieve the laudable objectives of the Budget.
Meanwhile, the President has also, at an earlier date, signed the Orthopaedic Hospitals Management Board (Amendment) Act, 2021.
The Act amends the Orthopaedic Hospitals Management Board Act Cap. O10 Laws of the Federation of Nigeria, 2004 to provide for the establishment of the Orthopaedic Hospital Jos, Plateau State under the control of the Orthopaedic Hospitals Management Board affiliated to the Jos Teaching Hospital to provide specialised orthopaedic treatment and medical services.

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