Saturday, February 17, 2024


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President Bola Tinubu has signed the 2023 supplementary budget of N2.17 trillion into law to address the urgent security and economic needs of the nation.

He signed the Supplementary Appropriation Act, 2023 in his office at the State House in the presence of the Secretary to the Government of the Federation, George Akume, President of the Senate, Godswill Akpabio, Speaker Tajudeen Abbas, Minister of Budget and Economic pPlanning Atiku Bagudu and Chairman Federal Inland Revenue Service (FIRS), Zacheaus Adedeji.

The supplementary budget had generated controversy with some items including a Yatch, but Bagudu had reiterated the largest chunk of N605 billion is going into security, to further enhance the capacity of the nation’s defense and the security agencies to enable them to address current and emerging security challenges in the country.

Others are infrastructure and palliative for civil servants to cushion the fuel subsidy removal.

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