Business
National Assembly passes N2.17 trillion 2023 Supplementary Budget
The National Assembly, on Thursday, passed the N2.17 trillion 2023 Appropriation Bill after the third reading.
After a successful reading of the bill in the House of Representatives on Tuesday, the bill scaled through to the Upper Chamber where it was approved by the Senate.
Following the presentation of the Appropriations Committee’s report by Senator Adeola Olamilekan (Ogun West), the budget was approved during the plenary session.
President Tinubu, in a letter read in both chambers, had asked the federal lawmakers for their approval of his proposal. This is the second request of its kind in the year, with the previous approval of N819.5 billion aimed at providing support to poor Nigerians.
In the letter, the president emphasized the importance of implementing additional palliative measures, including the wage award for public servants and the enhanced Cash Transfer Programme, to support the most vulnerable individuals in society.
“In addition, critical defence expenditures are also urgently required to provide for peace and the security of lives and property without which the government’s economic growth agenda cannot be achieved.
“Similarly, critical investments are also required to construct much-needed infrastructure, particularly roads, which projects must be commenced within the (dry season) period between now and the end of the year,” he added.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
