Senate passes N574.532 2015 supplementary budget
The Senate has passed a sum of N574,532,726,857 billion as the 2015 supplementary budget. It is N108,895,800,000 billion higher than N465,636,926,857 billion proposed by President Muhammadu Buhari to the National Assembly for approval two weeks ago.
The Senate explained while passing the extra budget on Tuesday that the additional amount of money was to government to pay for subsidy claims for the three months of October, November and December which were not accommodated in the initial N413, 363, 134, 505 billion voted for the payment of subsidy claims.
The budget as passed is made up of N522,258,934,505 billion for payment of subsidy claims, N29,958,865,512 billion for Operation Zaman Lafiya, a name given to the military operations against insurgents in the North East.
Other expenditure items contained in the extra budget include N10.6 billion for outstanding payment of the Service gratuity and Allowances of ougone and incoming legislators and legislative aides.
Another five billion naira was voted for payment into the Victim Support Fund established to take care of the victims of insurgents.