Senate passes 2014 Budget
the 2014 budget totalling N4.695tr, an amount
which is N52.2bn higher than the N4.642trl
which was submitted by President Goodluck
Jonathan to the National Assembly on December
19, 2013, through the Co-ordinating Minister of
the Economy and Minister of Finance, Mrs. Ngozi
Okonjo-Iweala.
Highlights of the 2014 budget as approved by
the senate are, Statutory Transfers
(N408,687,801,891), Debts Service
(N712,000,000,000), Recurrent Expenditure
(N2,454,887,566,702), Capital Expenditure
(N1,119,614,631,407) while the Aggregate
Expenditure is N4,695,190,000,000. (Punch)
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