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National Assembly

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NC Reports on the increased of allocation for the Nigerian National Assembly despite little revenue

President Muhammadu Buhari has increased the allocation for the National Assembly in the 2021 budget by N3 billion when compared to previous years. The president allocated N128 billion – a rise on the N125 billion budgetary allocation in past years. This was contained in the 2021 budget estimates presented to a joint session of the National Assembly on Thursday. The total proposed expenditure is put at N13.08 trillion with a crude oil benchmark price of $40 per barrel and a daily oil production estimate of 1.86 million barrels (inclusive of condensates of 300,000 to 400,000 barrels per day). The Director-General of the Lagos Chamber of Commerce and Industry. Muda Yusuf explained the positives of the budget Don't forget to subscribe to our channel: Watch more amazing videos about #Africa: Watch News Central TV live:
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