Statutory Transfers in the proposed 2021 Budget

Key Spending in the Education & Health Sector of the proposed 2021 Budget Review
4 November 2020
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28 November 2020

 

A whopping sum of ₦128bn is apportioned to the National Assembly as part of the Statutory Transfer in the proposed budget for 2021.

Accordingly, this figure is the highest & marks significantly from last year’s figure of ₦125bn.

#FactsSheet:
The Statutory Transfers of the budgets are appropriations by government institutions enabled by law & backed by the constitution to be made by themselves & can not be altered or reviewed by the Presidency or Executive arm of Government.

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