JUST IN: Senate Passes 2024 Budget

JUST IN: Senate Passes 2024 Budget

The 10th Senate, under the leadership of Godswill Akpabio, has passed the 2024 appropriation bill.

The budget was passed after its size was increased from N27.5 trillion, as proposed by President Bola Tinubu, to N28.7 trillion.

The budget size was increased by N1.2 trillion.

The bill was passed for third reading after Solomon Olamilekan, chair of the senate committee on appropriation, presented a report for the consideration.

The budget passed has N1.7 trillion as statutory transfers, N8.7 trillion as recurrent expenditure, and N9.9 trillion as capital expenditure.

Recommended For You

About the Author: Gists9ja

Leave a Reply

Your email address will not be published.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