Another correction was the initial Capital Expenditure of N23.9 trillion, which was reduced to N23.4 trillion, a reduction of about N500 billion.
INVESTIGATION: How big businesses, individuals deplete Nigeria’s protected forestsSPECIAL REPORT: Nigerians with albinism dying of skin cancer due to healthcare gapsAyo Adebanjo and Alaperu Basibo: In requiem, By Reuben AbatiINVESTIGATION: How big businesses, individuals deplete Nigeria’s protected forestsSPECIAL REPORT: Nigerians with albinism dying of skin cancer due to healthcare gapsAyo Adebanjo and Alaperu Basibo: In requiem, By Reuben AbatiThe amendment led to a reallocation of funds,...
The adjustments mean the N500 billion reduction from the capital expenditure was added to the recurrent expenditure.Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.by both chambers of the National Assembly on 13 February, increasing President Bola Tinubu’s proposal from N54.2 trillion to N54.9 trillion.The earlier approved budget included allocations of N3.6 trillion for Statutory Transfers, N14.
Following deliberations, the Senate President, Godswill Akpabio, put the amendments to a vote, and the senators overwhelmingly supported them.
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