BREAKING: President Tinubu Signs N2.17trn 2023 Supplementary Budget

BREAKING: President Tinubu Signs N2.17trn 2023 Supplementary Budget

  • The N2.17 trillion 2023 supplementary budget has been signed into law by President Bola Ahmed Tinubu
  • President Tinubu inked the document at the Presidential Villa on Wednesday, November 7
  • At the signing of the supplementary budget, the Senate President, the Speaker of the House of Representatives, and other top government officials were present

Legit.ng journalist Segun Adeyemi has over 9 years of experience covering political events, civil society, courts, and metro

State House, Abuja - President Bola Tinubu, on Wednesday, November 8, signed the 2023 Supplementary Budget N2.17trn at the Presidential Villa in Abuja.

Last Thursday, the Senate and the House of Representatives passed the N2.17trn 2023 supplementary appropriation bill after a third reading.

Tinubu, Supplementary Budget
The N2.17trn supplementary budget was signed at the Presidential Villa on Wednesday, November 8. Photo Credit: Presidency
Source: Twitter

Before the passage of the bill, the Senate adopted the report of the harmonised sittings of both red and green chambers on the 2023 Supplementary Appropriation Bill as submitted by the Chairman of the Appropriations Committee, Senator Solomon Olamilekan Adeola (APC, Ogun West).

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The bill expeditiously scaled readings in both upper and lower chambers as lawmakers said it was for the country's benefit.

Tinubu's request to National Assembly

Tinubu had written the National Assembly seeking the approval of N2,176,791,286,033 as the 2023 supplementary budget to address labour wage adjustments, security, and more.

The President also sent the 2024-2026 Medium Term Expenditure Framework (MTEF) & Fiscal Strategy Paper to both chambers of the National Assembly, Channels TV reported.

Recently, the Senate passed N819bn, providing a N500bn palliative package.

Tinubu had said the supplementary bill was necessary for additional palliative measures, including wage awards.

The Federal Executive Council (FEC), chaired by the President on Monday, November 6, approved the 2023 supplementary budget of N2.1 trillion.

President Bola Tinubu, Kashim Shettima told to resign

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In another report, Peter Obi's running mate in the February 2023 election, Yusuf Datti Baba-Ahmed, has asked President Bola Ahmed Tinubu to step down.

The Labour Party (LP) also called on Kashim Shettima, Nigeria's vice-president (VP), to resign.

Baba-Ahmed said Nigeria should conduct another election because Messrs Tinubu and Shettima "were fraudulently sworn in" on May 29.

Source: Legit.ng

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