supplementary budget - The African Mirror

Nov

2023

Nigerian lawmakers OK president’s extra spending request amid criticism

NIGERIAN lawmakers approved President Bola Tinubu's $2.8 billion supplementary budget that includes new bulletproof cars for himself and his wife, drawing outrage from citizens grappling with a cost of living crisis. Tinubu sent the budget to the Senate and House of Representatives this week saying the extra funding was needed for "urgent issues" including defence and security and would form part of the 2023 spending plan. But his government's plans to also spend 5.095 billion naira ($6.47 million) on a presidential yacht, 1.5 billion naira ($1.91 million) on official vehicles for the office of the first lady and 12.7 billion naira on…

Jul

2021

By The African Mirror

Nigeria approves $2.4 billion to fight violence, fund vaccines

NEWS

CAMILLUS EBOH NIGERIA’S parliament has passed a 983 billion naira ($2.4 billion) supplementary budget to address rising insecurity in the country and fund COVID-19 vaccines. Nigeria, Africa's biggest oil producer, is grappling with mass abductions at schools, kidnappings for ransom, conflict between herdsmen and farmers, armed robberies and various insurgencies in the north of the country. Senate leader Ahmad Lawan said parliament should be vigilant in monitoring how the extra funds will be used, in a country that has struggled for decades with corruption. "It is very important that we have a review of the application of these funds before…

Feb

2021

By The African Mirror

Nigeria’s plan to pay for COVID-19 vaccines

COVID-19

FELIX ONUAH NIGERIA will draw up a supplementary budget in March to cover the cost of COVID-19 vaccinations, for which no provision was made in the 2021 finance bill adopted in December, finance minister Zainab Ahmed said on Thursday. The government has said it plans to inoculate 40% of Nigeria's 200 million people this year and another 30% in 2022. The country, Africa's most populous, has been hit by a second wave of infections in recent weeks. "There will be a supplementary budget, the first one will be in March relating to the COVID-19 pandemic," Ahmed told reporters, without giving…