The Senate yesterday approved the supplementary budget forwarded to it last week by President Muhammadu Buhari, even as it increased the budget from N465, 636, 926, 857 billion originally requested by the President to N574, 532, 726, 857 billion.
The increase in the supplementary budget which amounted to N108 billion, according to the Senate, was to provide for subsidy payment for the 2015 last quarter of October, November and December, for which no subsidy was provided by the executive.
Part of the approval is the sum of N5 billion for the victim support funds for the victims of insurgency in the north east, while the sum of N4,348,438,112 was approved for the outstanding balance for the Nigerian Army for the 2nd quarter of year 2015.
Also, the approval included N10, 618,837,435 billion for the outstanding payment of the severance gratuity and allowances of past and present legislators and legislative aides.
While passing the budget Senate President, Bukola Saraki, frowned at MDAs that do not implement what is approved and urged the Senate committees on Appropriation, Petroleum Downstream and Anti Corruption to monitor the expenditure in other to achieve success.
He said it was an economic sabotage for the oil companies to hold Nigerians to ransom, calling on the senate committees to come up with legislations to put an end to the perennial issues of fuel scarcity in Nigeria.

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