The Senate has approved the request for virement of funds in the 2016 budget by President Muhammadu Buhari.
In banking and finance, virement is an administrative transfer of funds from one part of a budget to another.
The Senate gave the approval during the plenary on Tuesday.
The virement is to fund critical recurrent and capital items in the budget, according to Buhari in his letter to both chambers of the National Assembly.
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