The Senate and the House of Representatives, on Thursday, passed the N2.17trn 2023 Supplementary Appropriation Bill after third reading.
Before the passage of the bill, the Senate adopted the report of the harmonized sittings of both red and green chambers on the 2023 Supplementary Appropriation Bill as submitted by Chairman of the Appropriations Committee, Senator Solomon Olamilekan Adeola (APC Ogun West).
Recall that President Bola Ahmed Tinubu’s administration submitted an N2.1 trillion budget to the National Assembly after the Federal Executive Council approval on Monday.
Key components of the budget include N210bn for Wage Award for Civil Servants, N605 billion for National Security and Defence, N300 billion for maintenance of bridges, especially the Eko bridge, and N400 billion for cash transfer to vulnerable households, N200 billion for seed and agricultural inputs and equipment and N18 billion for Independent National Electoral Commission to conduct off-season elections.
