The Ministry of Finance, Budget, and National Planning has put the expenditure ceiling of the 2021 pre-bilateral proposal for the Presidency at N10 billion against the N15.3 billion of the revised 2020 budget passed by the National Assembly.According to the statement, Federal Government agencies in the Presidency, at the weekend held consultations for the 2021 budget.
The Permanent Secretary, State House, Mr Tijjani Umar, led the budget bilateral meeting between the government agencies under the Presidency and officials of the Federal Ministry of Finance, Budget, and National Planning.
Umar also said in line with the directive issued by the Ministry of Finance, Budget, and National Planning, the annual budget is being prepared using the Zero-Based Budget approach and in compliance with the government’s policy thrust as articulated in the MTEF/FSP and Nigeria Economic Sustainability Plan .