3rd May 2024
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President Buhari signs N982.7bn 2021 Supplementary Budget Into Law

President Buhari signs N982.7bn 2021 Supplementary Budget Into Law



President Muhammadu Buhari has signed the 2021 Supplementary Appropriation Bill of N982,729,695,343 into an Act.

This was disclosed in a statement on Monday by Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu.

According to the statement, the newly signed Act will be largely focused on funding security and health, especially the COVID-19 needs of the nation.

The President signed the Supplementary Appropriation Act, 2021 in his office at the State House before Vice President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha, Chief of Staff, Prof. Ibrahim Gambari and Director-General, Budget Office of the Federation, Ben Akabueze and Senior Special Assistant to the President on National Assembly Matters (House), Hon. Umar el-Yakub.

Of the amount, N123.3 million is for recurrent (non-debt) expenditure while N859.3bn is for contribution to the Development Fund for the capital expenditure for the year ending on the 31st day of December, 2021.

Buhari commended the National Assembly for the expeditious consideration and approval of the supplementary budget, assuring the executive arm of government would ensure the timely delivery of capital projects to achieve the laudable objectives of the Budget.

The President has also, at an earlier date, signed the Orthopedic Hospitals Management Board (Amendment) Act, 2021.

The Act amends the Orthopedic Hospitals Management Board Act Cap. O10 Laws of the Federation of Nigeria, 2004 to provide for the establishment of the Orthopedic Hospital Jos, Plateau State under the control of the Orthopedic Hospitals Management Board affiliated to the Jos Teaching Hospital to provide specialised orthopedic treatment and medical services.

Addressing State House Correspondents after the signing ceremony, the Senior Special Assistant to the President on National Assembly Matter (House of Representatives), Umar Ibrahim el-Yakub, gave details about the new Act.

“The President has assented the Supplementary Appropriation Bill, so now it’s Supplementary Appropriation Act, since it has been assented by Mr. President.

“Of course, you know, the Supplementary Appropriation Bill was submitted to the National Assembly and they made an expeditious consideration of the bill and was passed and transmitted in record time and Mr. President has today assented to that bill. It will come into force from today.

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