Budget for 2023 approved by the National Assembly is N21.82 trillion.
The National Assembly has passed the 2023 appropriation bill at 21.83 trillion Naira showing an increase of 1.32 trillion Naira from the 20.51 trillion Naira budget proposal by President Muhammadu Buhari. A breakdown of the budget indicates an allocation of 967.5 billion Naira for statutory transfers, 6.6 trillion Naira for debt servicing, 8.3 trillion Naira for recurrent expenditure, and 5.9 trillion Naira for capital expenditure. Meanwhile, the Senate also revealed […]
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