National Assembly Passes N2.17trn Supplementary Budget
The federal lawmakers have passed the N2.17 trillion 2023 Supplementary Appropriations Bill submitted to them by President Bola Tinubu.
The Senate Committee on Appropriations Chairman, Senator Solomon Olamilekan Adeola (APC Ogun West), presented the report of the harmonized sittings of both chambers on the bill, which was adopted prior to the passage.
Recall that following the Federal Executive Council’s approval on Monday, President Bola Ahmed Tinubu’s government presented a N2.1 trillion budget to the National Assembly.
The bill covers Wage Award for Civil Servants, N605 billion for National Security and Defense, N300 billion for bridge maintenance, particularly the Eko bridge, N400 billion for cash transfers to households in need, N200 billion for seed and agricultural inputs and equipment, and N18 billion for the Independent National Electoral Commission to hold off-season elections are some of the budget’s major components.
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