The Presidency at the weekend explained the reason behind the upward review of the 2020 budget, saying it was premised on the need to tailor funds to address critical infrastructure gap and the consequences of the coronavirus pandemic on the economy.

Recall that President Muhammadu Buhari, Friday, signed the Appropriation (Repeal and Amendment) Act, 2020 of N10.8 trillion, which has N216 billion higher than what was initially proposed in the 2020 Appropriation Act. into law.

Speaking to State House correspondents on why the revision was made, Senior Special Assistant to the President on National Assembly Matters (House of Representatives) Umar el-Yakub, said the budget was raised to N10.8 trillion after certain realities were considered.

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