FG approves N2.2tn supplementary budget
The Federal Government on Monday approved a N2.18tn supplementary budget for the 2023 fiscal year.
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The Federal Government on Monday approved a N2.18tn supplementary budget for the 2023 fiscal year.
The budget deficit under President Muhammadu Buhari’s administration would hit record high at N55.3 trillion in eight years, with the passage of N21.83 trillion 2023 budget whose deficit is over N10 trillion, LEADERSHIP Weekend can exclusively reveal. This is just as economists have asked the Nigerian government to heed warnings from the International Monetary Fund…
''I have also noted that the National Assembly introduced new projects into the 2023 budget proposal for which it has appropriated N770.72 billion. The National Assembly also increased the provisions made by Ministries, Departments and Agencies (MDAs) by N58.55 billion.''
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President Muhammadu Buhari will present the National Assembly with the ₦19.76 trillion 2023 budget on Friday in Abuja...