President Buhari has signed the revised 2020 Budget of N10.8 trillion.
Bashir Ahmad, Personal Assistant on New Media to President Buhari, said the President signed the revised budget into law around 111:04 am on Friday, July 10.
”President Buhari today at exactly 11:04am, signed into law, the revised N10.8 trillion budget for the year 2020, the revised budget was passed by the National Assembly, last month.” he wrote
Nigeria had to revise its budget estimates and assumptions following a drop in crude oil prices and the effects of COVID-19 pandemic on global supply chains.