Senate Approves N2.17tn Supplementary Budget for 2023

President Bola Tinubu recently sent the N2.17 trillion 2023 Supplementary Appropriations Bill to the Nigerian Senate, which it cleared.

The Senate Committee on Appropriations Chairman, Senator Solomon Olamilekan Adeola (APC Ogun West), presented the report of the harmonised sittings of both chambers on the bill, which was adopted prior to the passage.

Recall that following the Federal Executive Council’s approval on Monday, President Bola Ahmed Tinubu’s government presented a N2.1 trillion budget to the National Assembly.

The Wage Award for Civil Servants, N605 billion for National Security and Defence, N300 billion for bridge maintenance, particularly the Eko bridge, N400 billion for cash transfers to households in need, N200 billion for seed and agricultural inputs and equipment, and N18 billion for the Independent National Electoral Commission to hold off-season elections are some of the budget’s major components.