President Bola Ahmed Tinubu on Wednesday signed the 2.17 trillion naira 2023 supplementary budget into law....CONTINUE READING THE FULL ARTICLE>>>

Naija News reports that the signing was carried out by President Tinubu at the Presidential Villa, Abuja…CONTINUE READING>>

Alongside the President during the signing of the 2023 Supplementary Appropriation Act at the State House this afternoon, were president of the Senate, Godswill Akpabio, and the speaker of the House of Representatives, Tajudeen Abass.

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Others standing with the president at the brief signing ceremony, which was held in his office, included the Secretary to the Government of the Federation (SGF), George Akume; Minister of Budget and Economic Planning, Atiku Bagudu; and Chairman of the Federal Inland Revenue Services (FIRS), Zacch Adedeji.

Others at the signing were Senate Leader, Sen Opeyemi Bamidele; and the chairman of the Senate Committee on Finance, Sen Olamilakan Adeola.

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Items in the supplementary budget include the controversial N5 billion allocated for a “Presidential Yatch.”

N605bn was earmarked for security, to further enhance the capacity of the armed forces and security agencies to address current and emerging security challenges nationwide.

Other items include N5.5bn for the student loan scheme and over N616bn in wage awards for civil servants to augment the heightened cost of living post-subsid…CONTINUE READING>>

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