N2.17trn Supplementary Budget: Civil Servants, Vulnerable Nigerians To Get N610bn

President Bola Ahmed Tinubu has requested the National Assembly to approve the sum of N2.17 trillion as supplementary budget, with civil servants and the

Also, ahead of his 2024 budget presentation, the president has sent the Medium Term Expenditure Framework and Fiscal Strategy Paper pegging the crude oil sells at $73.96 per barrel while the exchange rate is now put at N700/$1.

The country’s Federal Executive Council had approved the supplementary appropriation on Monday, when it met in Abuja. In his letter, Tinubu explained that the supplementary budget would support the provisional wage of N35,000 to workers, costing the federal government N210 billion and N400 billion as cash transfers to vulnerable Nigerians.Moreover, the President explained further that funds with which to prosecute the forthcoming elections in Kogi, Bayelsa, and Imo would be taken from the supplementary budget.

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