NewsLawmakers Cut Holiday To Consider Revised Budget

Lawmakers Cut Holiday To Consider Revised Budget

SAN FRANCISCO, May 27, (THEWILL) – Federal lawmkers have chosen to suspend their recess and reconvene to consider the 2020 revised budget.

The clerk of the National Assembly, Mohammed Sani-Omolori, made this announcement in a memo dated May 26, asking the lawmakers to resume sitting on Thursday, the 28th of May.

Both chambers of the National Assembly had adjourned on the 19th of May till the 2nd of June to allow members celebrate Eid-El-Fitr.

Glo

The Federal Government had in April, cut down the 2020 budget by over N320 billion and proposed a new budget of N10.27 trillion against the N10.59 trillion passed by the National Assembly.

ALSO READ: Governors To Meet On Wednesday Over Financial Autonomy For States

According to the government, this cut is based on the global economic realities as a result of the COVID-19 pandemic as well as recent crisis in the oil market.

About the Author

Recent Posts

More like this
Related

Ferrell Joins Star-Studded List Of Celebrity Investors At Leeds

May 5, (THEWILL)- Hollywood A-lister, Will Ferrell, has become...

Klopp’s Penultimate Anfield Clash Sees Liverpool Beat Tottenham 4-2

May 5, (THEWILL)- Liverpool returned to winning ways with...

Boniface Scores As Leverkusen Crush Frankfurt, Extend Unbeaten Record To 48 Games

May 5, (THEWILL)- Bayer Leverkusen's juggernaut showed no signs...