BREAKING: Reps approves FCT, Customs 2020 budget – The House of Representatives on Friday passed the 2020 budget of N278,355,365,947 for the Federal Capital Territory (FCT) with an increase of about N45.5 billion.
President Muhammadu Buhari had sent a budget of N232,875,365,947 to the House for passage by the National Assembly for the 2020 fiscal year.
The approved budget by the lawmakers shows an increase of N38.204 in the capital vote from the N121.93 billion submitted by the President to N160.133 billion while overhead cost increased by N5.3 billion from N57.1 billion to N62.343 billion.
The budget of the territory was supposed to have been passed on Thursday, but was differed to Friday as a result of the death of Senator Benjamin Uwajumogu was represented IMO west in the Senate.
It is a tradition of the National Assembly to suspend plenary for one day when a lawmaker in any of the two chambers dies.
The House also passed a budget of N238.149 for the Nigeria Custom Service for the 2020 fiscal year.
Chairman of the House Committee on Custom on Customs, Hon. Yuguda Hassan Kila submitted a report of the committee to the House for consideration and passage.