President Muhammadu Buhari has signed into law, the revised 2020 budget which amounts to a budget of N10.81 Trillion.
Recall that in June 2020, the national assembly passed the revised 2020 national budget bill. Subsequently, it was signed by the president on Friday, July 10, 2020
This was revealed by Bashir Ahmad, the personal assistant to the President on New Media.
Taking to his official twitter page, he wrote;
‘At exactly 11:04am today, President @MBuhari signed into law, the revised N10.8 trillion budget for the year 2020’,
— Bashir Ahmad (@BashirAhmaad) July 10, 2020
The 2020 budget was revised due to the impact of coronavirus on the nation’s economy.
The vice-president, Yemi Osinbajo, secretary to the government of the federation, Boss Mustapha, chief of staff to the president, Ibrahim Gambari, Senate President Ahmed Lawan, speaker of the House of Representatives, Femi Gbajabiamila, and other principal officers of the National Assembly, all witnessed the signing of the revised 2020 budget.