The Senate on Thursday passed N10.594 trillion as the 2020 budget as against the N10.33 trillion proposed by President Muhammadu Buhari to the joint session of the National Assembly on October 8, 2019.
Thelagostimes gathered that the decision of the Senate followed the adoption of the report of its Committee on Appropriation at plenary.
Presenting the report, the chairman of the panel, Senator Barau Jibrin, said the increase of N264 billion allowed for interventions in critical areas such as national security, road infrastructure mines and steel development, health among others.
While presenting his report at plenary, Senator Barau said the committee adopted the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) as approved by the National Assembly.
He said the committee worked in tandem with the Executive in the consideration of the Bill especially in additional revenue projection to fund critical projects.