2023 supplementary budget
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Nigeria Reps Scrap N5B Presidential Yacht Funding, Reallocates Funds to Student Loans
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... -
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... -
Nigeria N5B Presidential Yacht Vs N5.5B Student Loan Allocation: Nigerians Alarmed At Priorities in Supplementary Budget
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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