On Tuesday, October 31, President Bola Tinubu submitted a request to the House of Representatives, seeking their approval for a supplementary appropriation bill totaling N2,176,791,286,033, as reported by The Nation.
In a letter read at plenary, the speaker, Hon. Abbas Tajudeen, said the supplementary budget is aimed at addressing labour wage adjustments, security, and other matters.
In addition to the supplementary budget, the president also sent the 2024-2026 Medium Term Expenditure Framework & Fiscal Strategy Paper to the House of Representatives for consideration.
The Nation reported that the 2023 supplementary budget of N2.1 trillion was considered and approved by the Federal Executive Council (FEC) at its meeting on Monday.
Details shortly…