[News] National Assembly passes N2.17trn 2023 supplementary budget

The Senate and the House of Representatives, on Thursday, November 2, passed the N2.17trn 2023 Supplementary Appropriation Bill after third reading. Before the passage of the bill, the Senate adopted the report of the harmonized sittings of both red and green chambers on the 2023 Supplementary Appropriation Bill as submitted by Chairman of the Appropriations Committee, Senator Solomon Olamilekan Adeola (APC Ogun West).

 

The lawmakers quickly passed the bill as they insisted it is for the benefit of the country.

 

President Bola Tinubu had written the National Assembly seeking the approval of the sum of N2,176,791,286,033 as 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,