Reasons Behind Buhari Signing The Revised 2020 Budget Into Law

President Muhammadu Buhari has signed the N10.8 trillion revised 2020 budget into law.

Buhari signed the document at the Council Chamber of the Presidential Villa, Abuja at 11.06 am on Friday.

According to the President, the budget had to be revised because of the effect of coronavirus on the nation’s economy and Nigerians at large.

He said ministries, department and agencies will be given 15 per cent of their capital allocation by the end of the month.

The memorable signing of the  Revised 2020 Budget took place inside the Council Chambers of the State House, Abuja.

From the National Assembly, the Senate President, Ahmed Lawan and Speaker of the House of Representatives, Femi Gbajabiamila and other principal officers also witnessed the signing in the presence of some newsmen who covered the historic event in Abuja.