The Nigerian Senate has approved the 2023 Supplementary Appropriation Bill of N2.17 trillion, which was recently presented to them by President Bola Tinubu. This decision came after both chambers of the Senate harmonized their discussions on the bill, based on the report submitted by Senator Solomon Olamilekan Adeola, the Chairman of the Senate Committee on Appropriations from the APC Ogun West.
It’s worth noting that President Bola Ahmed Tinubu’s administration initially proposed a budget of N2.1 trillion to the National Assembly after receiving approval from the Federal Executive Council on Monday. The significant allocations in this budget include N210 billion for Civil Servants’ Wage Awards, N605 billion for National Security and Defense, N300 billion for bridge maintenance, particularly the Eko bridge, N400 billion for cash transfers to vulnerable households, N200 billion for agricultural seeds and equipment, and N18 billion for the Independent National Electoral Commission to conduct off-season elections.