Tinubu Ups 2024 Budget By N6.2trn, Writes NASS


By Hadiza Suleman

Nigerians President Bola Tinubu, Wednesday, sought the approval of the National Assembly to increase the 2024 budget by N6.2 trillion.

Tinubu’s letter was read by Senate President Godswill Akpabio on the floor of the Senate. The initial 2024 budget was N28.7trn.

The letter read, “Pursuant to section 58 (2) of the constitution of the Federal Republic of Nigeria, as amended, I forward herewith the above named bills for consideration and passage by the Senate.

“The appropriation act amendment bill seeks to amend the principal act to provide the sum of N3,200,000,000,000 for Renewed Hope Infrastructure Projects and other critical infrastructure projects to be undertaken across the country and the sum of N3,000,000,000,000 to meet further recurrent expenditure requirements necessary for the prosper operation of the federal government. They shall be funded by accruing to the federal government of Nigeria.”

Tinubu also sought same from the House of Representatives. House Speaker Tajudeen Abbas read Tinubu’s request on the floor of the House.


READ ALSO  EU Gives Conditions To Avert Planned Nationwide Protests

Leave a Reply

Your email address will not be published.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

Related Posts