Reps amend revised budget, raise estimates by N5bn

The House of Representatives on Thursday passed amended the revised 2020 Appropriation Bill and further raised its estimated by about N5bn, from the N10.805tn passed earlier to Wednesday to N10.810tn.

Chairman of the House Committee on Finance, Abiodun Faleke, at the plenary on Thursday, called for an additional sum of N5,256,207,430 to the statutory share of revenue of four agencies.

The beneficiaries are Niger Delta Development Commission, North East Development Commission, Universal Basic Education Commission and the Basic Health Care Fund.

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