FG Slashes MDAs’ Contingency Budget To N1.5trn

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As part of its cost-cutting measures, the federal government has slashed its servicewide vote (contingency budget) form N2.14 trillion in 2019 to N1.5 trillion in the 2020 Appropriation Bill which President Muhammadu Buhari signed into law on Tuesday. The amount represents 14.2 per cent of the 2020 budget of N10.594 trillion which the National Assembly […]

 

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