Tinubu Signs N2.17trn 2023 Supplementary Budget Into Law

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.

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.

Ads

spot_img

Don't miss

May Day: Glo Lauds Nigerian Workers on National Development

National telecommunications company, Globacom, has congratulated Nigerian workers on...

Youth Summit Gift Box Presented to Iseyin LG Boss

The Executive Chairman of Iseyin Local Government, Hon Bisi...

Beyond Destiny Claims: The Need for Inclusive Politics in Oyo’s 2027 Gubernatorial Race

By Abdulwaheed Lawal In response to the article titled "STILL...

Makinde Connects Well With People – Okebukola

A former Head of Service in Oyo State, Overseer...

Hike in Terrorism: Afenifere Calls For Urgent Enforcement of Anti-Terrorism Law and Counter-Terrorism Strategy

The pan-Yoruba socio-political organization, Afenifere, has bemoaned the new...

Categories

spot_img

May Day: Glo Lauds Nigerian Workers on National Development

National telecommunications company, Globacom, has congratulated Nigerian workers on this year’s edition of Workers’ Day. In a statement released in Lagos on Thursday, the company...

Youth Summit Gift Box Presented to Iseyin LG Boss

The Executive Chairman of Iseyin Local Government, Hon Bisi Rasaq Fadiran, has been recognized for his impactful efforts in youth development with a 2025...

Beyond Destiny Claims: The Need for Inclusive Politics in Oyo’s 2027 Gubernatorial Race

By Abdulwaheed Lawal In response to the article titled "STILL ON OYO STATE GUBERNATORIAL RACE IN 2027, BAYO ADELABU'S YEAR OF GLORY AND CALL FOR...

LEAVE A REPLY

Please enter your comment!
Please enter your name here