The National Assembly has made open its budget for 2017, with a
total sum of N125, 000,000,000 to be spent this year. With the figure,
there is an increase of N10,000,000,000 as against the N115,000,000,000
approved for National Assembly in 2016.
The breakdown shows that of the N125 billion approved for the
National Assembly, the Management has a vote of N14,919,065,013; the
Senate has an allocation of N31,398,765,886 while the House of
Representatives would spend N49,052,743,983. The breakdown further shows
that the Management would spend N6,714,696,986as personnel cost so;
N6,192,052,825 for Overhead costs and N2,011,315,202as total capital.
The Senate would spend N1,856,510,517 on personnel costs;
N25,111,332,147 as total Overhead costs and N4,430,923,222 as total
capital .
For the House of Representatives, it has N4,923,743,127 as total
personnel costs; N39,635,756,179 as total overhead costs and
N4,493,244,677 as total capital. Meanwhile, the total Budget for 2017
stands at N7.441 trillion…
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