The National Assembly (NASS), on Saturday, passed the 2024 budget of ₦28.77 trillion, thereby increasing the appropriation figure by ₦1.2 trillion against President Bola Tinubu’s presentation of ₦27.5 trillion.
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According to the report submitted by the Appropriation Committee led by Senator Solomon Adeola, aggregate expenditure was pegged at ₦28,777,404.073.861; statutory transfers -₦1,742,786,788,150; recurrent expenditure- ₦8,768.5330,852; capital expenditure- ₦9,995,143,298,028 and GDP at 3.88%.
The Nigerian Senate has urged the executive to ensure allocation of at least 10 percent of total annual budget revenue to agricultural production.
Senate Chief Whip Ali Ndume on Friday defended the rendition of President Bola Tinubu’s campaign tune at the hallowed chamber of the National Assembly during the presentation of the 2024 budget.
The Senate Leader, Opeyemi Bamidele (APC-Ekiti), made this known during a virtual dialogue organised by Engage Diaspora Foundation in collaboration with the Directorate of Diaspora and International Affairs of his office.
President Bola Tinubu has signed the second 2023 supplementary appropriation bill of N2,176,791,286,033 trillion into law.
The President of the Senate, has issued a stern warning to Ministries, Departments, and Agencies (MDAs) of government, Godswill Akpabio cautioning them against non-compliance with Senate resolutions and laws.
The Senate says it will facilitate the inclusion of dredging of the River Benue in the 2024 appropriation bill, to address the perennial flooding and its multi-dimensional consequences.
The Coalition for Social Justice and Good Governance (CSJGG) has called on the President of the Court of Appeal to set up a panel to review the judgment in the Abia Central Senatorial seat dispute.
The Senate Vice Chairman on Environment, Ned Nwoko has disclosed that the Senate was resolute in addressing environmental degradation in the country.