Home News NASS Publishes 2017 Budget, To Spend 85 Billion

NASS Publishes 2017 Budget, To Spend 85 Billion

by Damilare Salami
Saraki Budget, Nass

The National Assembly (NASS) has made good its promise to run an open budget to the general public by publishing its 2017 budget on Thursday.
Senate president Senator Bukola Saraki had earlier promised to stop NASS from operating an opaque budget and that is now a reality.
The budget showed that the National Assembly has budgeted N125bn as against N115bn in 2016.
Total personnel cost takes N23,789,787,880; total overhead cost, N85,878,619,888; and total capital cost, N14,940,196,063.
A breakdown of the estimates shows that the National Assembly gets N14.9bn; Senate, N31.3bn; House of Representatives, N49bn; National Assembly Service Commission, N2.4bn; legislative aides, N9.6bn; Public Accounts Committee (Senate), N118.9m; Public Accounts Committee (Reps), N142.7m; general services, N12.5bn; National Assembly Legislative Institute, N4.3bn; and service wide vote, N391.3bn.

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