The House of Representatives has scrapped the budgetary allocation of the presidential yatch moving the proposed sum to student loan thereby increasing allocation for student loan to 10bn as against 5. 5bn
The Chairman of the House Appropriations Committee Abubakar Bichi Abubakar made this known on Thursday while addressing newsmen . He said the need became necessary following low budgetary allocation for students .
The Committee also increased budgetary allocation of ministry of Defence from 476bn to 546bn following security concerns
Bichi also disclosed that the minimum wage for workers was considered and approved for onward transmission to the executive while promising proper legislative oversight to ensure 100 percent implementation
The sum of 100bn was retained for FCT as requested by the minister of FCT Nyesom Wike
To this end the House passed the sum of 2.177 trn
More details later
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