President Muhammadu Buhari presents the year 2020 appropriation bill to a joint session of the National Assembly.
This will be the first time the new leaders of the two chambers of the National Assembly, Ahmed Lawan and Femi Gbajabiamila, will host the president in the parliament.
According to finance minister Zainab Ahmed, the federal government will propose to the National Assembly about N9.79 trillion as total expenditure in the 2020 budget.
The amount represents an increase of 9.75 per cent over N8.916 trillion budgeted for 2019.
Mr President during the declaration said that N125 billion was allocated to the National Assembly while N110 billion was allocated to the Judiciary.
For allocations to ministries, the president affirmed the following allocations to respective ministries.
Works and Housing – N262 billion
Transportation – N123 billion
UBEC – N112 billion
Defence – N100 billion
Agriculture – N83 billion
Water Resources – N82 billion
Education – N48 billion
Health – N46 billion
North East Dec Commission – N38 billion
SIPs – N30 billion
FCT – N28 billion
Niger Delta – N24 billion
However, Senate President, Ahmed Lawan in his speech charged all government ministries, departments and agencies to defend their proposals before lawmakers before the end of October.
He also said the lawmakers should ensure the budget got passed before the end of the year.