Nigerian Senate extends the 2023 supplementary budget implementation to December 31, 2024, running alongside the N28.78 trillion 2024 budget. Senate President Akpabio emphasizes the move's importance for completing projects. The decision highlights Nigeria's complex budgeting process and efforts...
The Nigerian House of Representatives has removed a 5 billion naira allocation designated for the Presidential Yacht from the 2023 supplementary budget. This decision was explained by Abubakar Bichi, the Chairman of the House Committee on Appropriation, who stated that the lawmakers took into...
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...
In a budget proposal for the 2023 supplementary budget, the Federal Government of Nigeria has stirred controversy by allocating N5.095 billion for the purchase of a Presidential yacht and N5.5 billion for an education loan fund. These allocations have triggered widespread discussions about the...
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