President Bola Tinubu had earlier transmitted the Supplementary Budget and the 2023-2025 Medium Term Expenditure Framework (MTEF) to the House for approval.
The request was convened in a letter read by the Speaker, Tajudeen Abbas, at the commencement of plenary on Tuesday.The proposed budget is broken down into N18 billion for statutory transfer, N992.8 billion for recurrent expenditure and N1.16 trillion for development fund for capital expenditure.Speaking on the bill, the Deputy Speaker, Ben Kalu, urged his colleagues to back the bill so that the government can fix major roads across the country during the dry season.
The House Leader, Julius Ihonvbere , said the government needs the money to address the commitment made to workers during the negotiation on subsidy removal.“The government is doing its best to respond to the yearning of the people. We have a government that is listening. The budget is coming at a time when it is needed. Governance at the end of the day, is about people and the courage to redirect the focus of the society,” he said.
Following the debate, the bill was passed for second reading and referred to the Committee on Appropriation by the Speaker, Abbas Tajudeen.
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