Media reports quoted that the proposal for 2021 targets Non-debt recurrent expenditure of N5.75tn.
With the government under pressure to earn dollars, reliance has shifted mostly towards foreign borrowing.
The Federal Government has slashed the 2020 budget by N318 billion and sent to the National Assembly.
Mrs. Zainab Ahmed disclosed that the Federal Government has plans to reduce N1.5trn from the N10.59trn 2020 Appropriation Act.
The Federal Executive Council has approved a proposed budget of N8.73 trillion for the 2019 fiscal year.
