Tinubu presents Nigeria’s 2024 budget to National Assembly (LIVE UPDATES)

President Bola Tinubu will today present the 2024 budget to the joint session of the National Assembly.

It is the president’s first full-year budget since he assumed office in May.

President Tinubu, in a letter, on Monday notified the lawmakers of his plan to present the document to them today.

He had, on the last day of October, transmitted the 2023 supplementary budget of N2.17 trillion to the National Assembly for consideration and approval.

Both the Senate and the House of Representatives passed the budget a few days later with little adjustments in some sectoral allocations.

The president signed the budget on 8 November.

Today, Mr Tinubu will present the 2024 budget of N27.50 trillion to the lawmakers in the session to be held in the House chamber by 11 a.m.

The figure was approved by the Federal Executive Council (FEC) on Monday.

The approval came a few days after the legislature passed the 2024-2026 Medium Term Expenditure Framework and the Fiscal Strategy…

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Tinubu presents Nigeria’s 2024 budget to National Assembly (LIVE UPDATES)

 

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