Nigeria President Signs N2.17trn 2023 Supplementary Budget

Nigeria president had said the supplementary bill was necessary for additional palliative measures including wage awards.

President Bola Tinubu on Wednesday signed the 2023 Supplementary Budget N2.17trn at the Presidential Villa in Abuja.

Last Thursday, the Senate and the House of Representatives passed the N2.17trn 2023 supplementary appropriation bill after a third reading.

Before the passage of the bill, the Senate adopted the report of the harmonised sittings of both red and green chambers on the 2023 Supplementary Appropriation Bill as submitted by the Chairman of the Appropriations Committee, Senator Solomon Olamilekan Adeola (APC, Ogun West).

The bill expeditiously scaled readings in both upper and lower chambers as lawmakers said it was for the benefit of the country.

Tinubu had written the National Assembly seeking the approval of the sum of N2,176,791,286,033 as the 2023 supplementary budget to address labour wage adjustments, security, and more.

The President had also sent the 2024-2026 Medium Term Expenditure Framework (MTEF) & Fiscal Strategy Paper to both chambers of the National Assembly,

Recently, the Senate passed N819bn making provision for a N500bn palliative package.

Tinubu had said the supplementary bill was necessary for additional palliative measures including wage awards. The Federal Executive Council (FEC) chaired by the President on Monday approved the 2023 supplementary budget of N2.1 trillion.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Politics

Nothing Will Happen If Fubara Is Impeached, Says Wike

He said there is nothing wrong if the lawmakers decide to sack the governor for alleged impeachable offences. The immediate-past governor of Rivers State, Nyesom Wike, says heaven will not fall if the Martins Amaewhule-led House of Assembly impeaches his successor Siminalayi Fubara. At a media parley in Abuja Wike, the Minister of the Federal […]

Read More
Politics

Senator Alli extols APC leader, Chief Jolaoso’s virtues at 90

Senator Sharafadeen Alli (APC-Oyo South) has congratulated a prominent leader of the All Progressives Congress (APC) in Ibarapa, Chief Timothy Jolaoso, on the occasion of his 90th birthday. This is contained in a statement signed by his Special Adviser on Media, Akeem Abas and made available to newsmen on Tuesday in Ibadan. Senator Alli described […]

Read More
Politics

Oyo State people’ll decide next gov, but… – Makinde

Says state’s agribusiness policy attracting international recognitionsOyo State governor, ‘Seyi Makinde, has said that it will be left in the hands of the residents of the state to choose who will be governor after him. The governor stated this in his bi-monthly newsletter, noting that while his administration has redefined governance and showed the people […]

Read More