Bola Tinubu is set to make a significant move as he prepares to present the 2024 budget to the National Assembly on Wednesday. Restricted access due to space constraints and security measures heightens anticipation for the crucial announcement. President Tinubu had earlier proposed a N26.1 trillion expenditure for the fiscal year, securing approval from the Senate for the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
The approved parameters include a GDP growth rate of 3.76%, inflation rate of 21.40%, and a suggested benchmark exchange rate at N700 to $1. Stay tuned for insights into the key allocations and economic strategies shaping Nigeria's future.
