Breaking: Buhari signs 2021 budget of N13.58 trillion

President Muhammadu Buhari has approved the 2021 Appropriation Bill of N13.588 trillion into law today, 31st December 2020.

Techeconomy.ng gathered that the budget estimate, increased by N505.61 billion from the initial N13.082 billion presented by President Buhari to the National Assembly earlier in October.

See key highlights below:

Recurrent Expenditure – N5.64 trillion

Capital Expenditure – N4.125 trillion

Debt Servicing – N3.324 billion

Statutory transfer – N496.528 billion