The 2024 Appropriation Bill has been passed by the Nigerian Senate today Saturday 30th December, 2023.
The breakdown of the passed budget is as follows; Aggregate Expenditure N28,777,404,073,861; Statutory Transfers N1,742,786,788,150; Recurrent Expenditure N8,768,513,380,852; Capital Expenditure N9,995,143,298,028 and GDP – 3.88 %.
The passage was sequel to the presentation of the 2024 Appropriation reports by the Chairman, Senate Committee on Appropriation, Senator Adeola
The Senate immediately resolved into the Committee of Supply for clause by clause consideration of the reports as recommended.
Thereafter, the leader of the Senate, Senator Opeyemi Bamidele moved that the 2024 Appropriation bill be read the third time, and was read by the Clerk.
The 2024 was approved and passed as the Senate President, Godswill Akpabio waded the gravel on the floor of the red chamber.
Recall that President Tinubu presented the 2024 Budget of N27.5 trillion to the Joint Session of the National Assembly, Abuja on November 29, 2023.
Details later…