2020 Budget: FEC approves N727b NASS increment

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The Federal Executive Council (FEC) on Monday accepted the increase in the Medium Term Expenditure Framework (MTEF) by the National Assembly from N10.002 trillion to N10.729 trillion. It was gathered from a reliable source that the Extraordinary FEC meeting chaired by President Muhammadu Buhari over the 2020 Budget gave the approval. There was no press briefing at the end of the meeting at the Presidential Villa, Abuja. The source, who spoke on a condition of anonymity, said FEC commended the National Assembly for the increment of the crude oil benchmark…

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