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

Senator Alli Felicitates APC Chieftain, Omilabu Ghandi on Birthday

Senator Sharafadeen Alli(APC-Oyo South) has extended warm felicitations to...

Alayande Varsity To Continue Partnering With Nigeria Police on Security – VC

The Vice-Chancellor, Emmanuel Alayande University of Education, Oyo, Professor...

World Bank Prescription: Afenifere Calls for Caution ….. challenges NNPCL on refineries, price reduction

The pan-Yoruba socio-cultural and socio-political organization, Afenifere, has called...

The President is a sick man | By Festus Adedayo

By Festus Adedayo On April 4, 2021, I wrote a...

MSSN B-Zone: 10,000 Delegates Expected at 2024 Islamic Vacation Course

The formal opening ceremony of 2024 Islamic Vacation Course...

Categories

spot_img

Senator Alli Felicitates APC Chieftain, Omilabu Ghandi on Birthday

Senator Sharafadeen Alli(APC-Oyo South) has extended warm felicitations to a notable chieftain of All Progressives Congress(APC) in Oyo State, Alhaji Teslim Aderibigbe Omilabu Ghandi...

Alayande Varsity To Continue Partnering With Nigeria Police on Security – VC

The Vice-Chancellor, Emmanuel Alayande University of Education, Oyo, Professor Olanrewaju Olaniyan, has reaffirmed his administration's commitment towards partnering with the Nigerian Police Authority in...

World Bank Prescription: Afenifere Calls for Caution ….. challenges NNPCL on refineries, price reduction

The pan-Yoruba socio-cultural and socio-political organization, Afenifere, has called on the federal government to be wary of the recent advice of the World Bank...

LEAVE A REPLY

Please enter your comment!
Please enter your name here