Top Story

Just in: Pres. Buhari signs N21.8trn 2023 Appropriation Bill

865


President Muhammadu Buhari has assented the 2023 Appropriation Bill of N21.83 trillion.

He signed the bill at the Council Chambers of the State House, Abuja.

The assent comes six days after the National Assembly passed the bill, which represents an increase of N1.32 trillion from the N20.51 trillion budget.

A breakdown of the budget shows N967.5 billion for statutory transfers, N6.6 trillion for debt servicing, N8.3 trillion for recurrent expenditure, and N5.9 trillion for capital expenditure.

The budget passage suffered a set back two weeks ago over what the Senate President, Dr Ahmad Lawan, described as errors discovered in proposal.

Details later…..

Author

See also  Nigeria’s Ambassador to U.S., 85-year-old Nsofor, may have died of COVID-19 -- Investigation

Leave a comment

Related Articles

Breaking: FEC Shake-up: Finance, Housing Ministers Out as Tinubu Targets Economic Turnaround

President Bola Ahmed Tinubu has ordered a minor reshuffle in his Federal...

Breaking: FG slams alleged coup plotters with 13 charges

The Federal Government has initiated legal proceedings against six individuals, including two...

No Reprieve for El-Rufai Yet: To Remain in Custody Until June for Bail Application

Nasir el-Rufai’s bid for freedom hit another roadblock on Tuesday as the...

APC announces primary schedule: ₦100m for presidential hopefuls, ₦50m for governors

The All Progressives Congress (APC) has officially released its 2027 general election...