President Muhammadu Buhari has presented the proposed 2021 Budget of N13 trillion to a joint-session of the National Assembly.
According to the president, “the main thrust of the 2021 budget is to complete as many ongoing projects as possible”, while giving priority to the ones that most affect the people.
President BUHARI while speaking on the performance of the 2020 budget noted that the challenging global and economic environment had major implications on the nation.
On his part, Speaker of the House of Representatives Femi Gbajabiamila said the House will collaborate with all relevant ministries and agencies to ensure speedy implementation of the 2021 budget.
In his remark, President of the Senate Ahmed Lawan said while the 2020 budget focused on job creation and economic stability among other things, the 2021 appropriation bill is targeted at consolidation.
Personnel costs remained the largest single item of expenditure in the 2021 budget proposal.