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Senate passes N4.427trn supplementary bill

•Works ministry gets lion share of N300.7 billion The Senate yesterday unanimously passed the sum of N4,427,184,596,534 Appropriation (amendment) Bill for the 2010 fiscal year as proposed by President Goodluck Jonathan. Jonathan had in a May 29, 2010 letter requested for the amendment of the 2010 Appropriation Act to revise downwards the level of aggregate expenditure as well as the revenue framework. By his request, the projected oil production drops to 2.2 million barrels per day (mbpd) at ...
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Added July 21, 2010
from Businessday Nigeria