Buhari signs N982.7bn 2021 supplementary budget into law
Modupe Shodeinde
President Muhammadu Buhari has signed the 2021 Supplementary Appropriation Bill of N982,729,695,343 into an Act.
The Senior Special Assistant to the President on National Assembly Matter, House of Representatives, Umar Ibrahim el-Yakub, disclosed this to correspondents at the Presidential Villa, Abuja, on Monday.
He said the newly signed Act will be largely focused on funding security and health concern.
“The President has assented the Supplementary Appropriation Bill, so now it’s Supplementary Appropriation Act, since it has been assented by Mr. President.
He said “Of course, you know, the Supplementary Appropriation Bill was submitted to the National Assembly and they made an expeditious consideration of the bill and was passed and transmitted in record time and Mr. President has today assented to that bill. It will come into force from today.
“As you’re all aware, the bill is targeted only at infrastructure in terms of security and medical. The bill targeted the provision of infrastructure to all the military formations; Defense, Civil Defense, Police and the DSS, all the security outfits in this country will benefit from the bill because of Mr. President’s commitment in combating crimes and indeed, insurgency and all the security challenges facing the country.
“To that end, this bill is very important and it has been assented to. Another critical area of concern is the health sector, which of course, we know with the pandemic, there is need to invest in that sector as well. Mr. President, having assented to the bill, you’ll find that molecular laboratories, about 10 of them, will be established nationwide.”
The President signed the Supplementary Appropriation Act, 2021 in his office at the State House before 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.
N123.3 million is for recurrent (non-debt) expenditure while N859.3bn is for contribution to the Development Fund for the capital expenditure for the year ending on the 31st day of December, 2021.
