President Muhammadu Buhari on Monday signed a supplementary budget of N982.7bn for 2021 to address urgent security and COVID-19 needs of the nation.
Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed this in a statement titled ‘President Buhari Signs N982bn supplementary 2021 budget, commends National Assembly for expeditious consideration’.
According to the statement, 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, Director-General, Budget Office of the Federation, Ben Akabueze and Senior Special Assistant to the President on National Assembly Matters (House), Umar el-Yakub.
Of the amount, N123.3m is budgeted for recurrent (non-debt) expenditure while N859.3bn is for contribution to the Development Fund for the capital expenditure for the year ending on December 31, 2021.
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.