Page 2 - Privatisation Proceeds News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Senate on Saturday increased the 2024 Nigerian budget by a total of N1.2trillion, moving the budget from N27.5trillion submitted by President Bola Tinubu to N28.7trillion. According to the report submitted by the Appropriation Committee led by Senator Solomon Adeola, aggregate expenditure was pegged at N28,777,404.073.861;  statutory transfers -N1,742,786,788,150; recurrent expenditure- N8,768.5330,852; capital expenditure-N9,995,143,298,028 and GDP at 3.88%.

President Bola Tinubu on Wednesday said his administration is targeting a 3.76 per cent economic growth in the 2024 fiscal year.

President Tinubu presented the budget to a joint session of the National Assembly on Wednesday.

President Muhammadu Buhari yesterday presented a total budget proposal of N20.51 trillion to the National Assembly for the 2023 fiscal year.

The Federal Government is to fund part of the deficit in the 2023 Budget with N206.18 billion in Privatisation Proceeds