The Senate has passed the 2024 budget for a third reading.
The Senate also increased the bill by a total of N1.2tn, moving the budget from N27.5tn to N28.7tn.
The budget was passed following a voice vote by the Senate President, Godswill Akpabio.
Before then, the Senate had considered the report of the Appropriation Bill presented by the Chairman of the Appropriation Committee, Senator Adeola Solomon.
The Senate pegged the Aggregate Expenditure at 28,777,404.073.861; Statutory Transfers -1,742,786,788,150; Recurrent Expenditure- 8,768.5330,852 ; Capital Expenditure-9,995,143,298,028 and GDP at 3.88%
President Bola Tinubu on Wednesday, November 29, presented a total of N27.5tn to a joint section of the National Assembly.
Senate Passes 2024 Budget, Raises Appropriation By N1.2tn
