Nigeria’s National Assembly for the first time in recent history has made public, its yearly budget.
This was revealed during the passing of the 2017 appropriation bill by the Nigerian Senate.
Recall a special assistant on New Media to the Senate President, Bankole Omisore has stated penultimate last week that he would resign his job if the national assembly fails to open its budget in 2017.
Recall the National Assembly had budgeted N125,000,000,000 for 2017, but failed to reveal details of its spending to the public.
See a copy of the line by line distribution of the 2017 national assembly budget below:
In a copy of the proposed budget seen by this paper, the House of Representatives got the largest chunk with a personnel cost of 4,923,743,127, an overhead cost of 39,635,756,179 and capital budget of 4,493,244,677.
The total budget of the House of Representative led by Rt. Hon. Yakubu Dogara equals 49billion naira.
In a similar vein, the Nigerian Senate which got the second largest vote, had a personnel cost of 1,856,510,517, an overhead cost of 25,111,332,147 and capital budget of 4,430,923,222 making a total of 31,398,765,886 budget for 2017.
Credit: The Paradigm
