Nigeria Nigeria's Senate Approve N2.17 Trillion 2023 Supplementary Budget

On Thursday, both the Senate and the House of Representatives in Nigeria passed the 2023 Supplementary Appropriation Bill, amounting to N2.17 trillion, following its third reading. Before the bill's passage, the Senate accepted the report of the harmonized discussions between the two chambers on the Supplementary Appropriation Bill for 2023.

This report was presented by Senator Solomon Olamilekan Adeola, who serves as the Chairman of the Appropriations Committee and represents the APC Ogun West constituency. Further details on the specific allocations and provisions within the Supplementary Appropriation Bill are expected to be made available shortly, as lawmakers work to address critical financial needs and unexpected expenditures in the country's budget for the coming year