2020: Buhari proposes N474 billion for Presidency, panels, SIP - Dove Bulletin - Online News Bulletin

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2020: Buhari proposes N474 billion for Presidency, panels, SIP

Buhari approves major reforms
President Muhammadu Buhari has budgeted a total of N474 billion for the Presidency, some presidential bodies and the Special Intervention Programme (SIP) for the year 2020.

This is contained in the details of the budget proposal submitted to the National Assembly by President Buhari early this month.

While N46.3 billion was proposed for Presidency recurrent expenditure, N12.2 billion was proposed for capital expenditure.

The budget, which is presently receiving consideration of the legislature, also provided N350 billion for recurrent expenditure under the Special Intervention Programme.

N500 million was budgeted for Presidential Enabling Business Environment Council (PEBEC) under capital supplementation.

For the Presidential Amnesty Programme, N65 billion was again proposed for the reintegration of transformed ex-militants under service-wide votes.

While the same amount was appropriated for the programme in 2018 and 2019, not all the allocations were so far released.

The 2018 budget performance of the programme, covering January to December, showed that N59.64 billion was released, leaving variance of N5.36 billion, which represented 8.2% of the budgeted figure.

For the 2019 budget performance of Presidential Amnesty Programme, covering January to June, actual release was N27.08 billion.

The 2020 budget proposal before the National Assembly also provided N130.3 billion for the offices of the Secretary to the Government of the Federation (SGF) and Head of Civil Service of the Federation (HoS), and the Federal Civil Service Commission (FCSC).

From the proposals, the SGF office is to spend N59.6 billion on recurrent expenditure and N12.6 billion on capital expenditure.

While the HoS office is to spend N6.3 billion for recurrent expenditure and N1.6 billion for capital expenditure, N48.9 billion was proposed under HoS office for a civilian pension.

N1.2 billion was provided for FCSC recurrent expenditure while N123.8 million was proposed for capital expenditure in the commission.

Getting the proposals above is dependent on whether the National Assembly will pass them at the end of the ongoing budget defence of the various ministries, departments and agencies.

The executive and the legislative arms of government are determined to return the budget year to January to December financial period.
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