Nigeria: NASS Approves Jonathan's N161 Billion Supplementary Budget Request

14 December 2012

The Senate and the House of Representatives have passed the N161.6billion supplementary budget requested by President Goodluck Jonathan to pay off outstanding fuel subsidy money and to avert fuel scarcity during the Christmas and New Year celebrations.

In a letter Tuesday to both chambers, Jonathan premised his reasons for the additional budget on the report of a forensic audit which revealed that the N888.1 billion initially provide for fuel subsidy in the 2012 budget was underestimated.

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