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From Juliana Taiwo-Obalonye, Abuja
President Bola Tinubu has signed the 2023 supplementary budget into law, which will now run until March 31.
The Speaker of the House of Representatives, Tajudeen Abbas made this disclosure on Monday at the Presidential Villa , while speaking to State House Correspondents on the signed 2024 Appropriation Act by President Tinubu.
According to Abbas, “the President signed two other bills. The first one is the supplementary appropriation bill of 2023, which he has agreed to extend by 90 days. So, it will continue to work concurrently with the 2024 budget up to March 31.
“He has also approved the 2023 main budget to concurrently operate with the capital component of the 2024 budget up to March 31, 2024.”
The Speaker Abbas further disclosed that the President approved the securitization of the ways and means that has been successfully brought to an end.
“Another landmark achievement we had was also approving the securitisation of the ways and means that have effectively brought to an end these controversial means and ways of borrowing money. And he has assured Nigerians that this will be the last of this kind of ugly incident.”
