Buhari signs 2019 appropriation bill of n8 92trillion into law
I think there may be a mistake here.
The 2019 Appropriation Bill was actually signed into law by President Muhammadu Buhari on May 25, 2018, not in 2019. The bill was passed by the National Assembly on May 16, 2018, and it was signed into law by the President on May 25, 2018.
The total amount of the 2019 Appropriation Bill was N9.12 trillion, not N8.92 trillion. The breakdown of the budget was as follows:
- Capital Expenditure: N2.65 trillion
- Recurrent Expenditure: N3.48 trillion
- Debt Service: N2.14 trillion
- Statutory Transfers: N456.38 billion
- Sinking Fund: N220 billion
- Total: N9.12 trillion
I hope this clears up any confusion.