Tinubu signs N2.17trn 2023 supplementary budget into law

President Bola Tinubu (M) signing the 2023 supplementary Budget at at the Presidential Villa in Abuja on Wednesday (8/11/2023). With him are: From left: Senate Leader, Sen Opeyemi Bamidele; Chairman Senate Committee on Finance, Sen Olamilakan Adeola; President of the Senate, Godswill Akpabio; Speaker, House of Representatives, Tajudeen Abbas; Chairman, House of Representatives Committee on Appropriation, Abubakar Kabir Abubakar; Secretary to the Government of the Federation, George Akume; Minister of Budget and Economic Planning, Atiku Bagudu and Chairman, Federal Inland Revenue Services, Zachs Adedeji.

President Bola Tinubu (M) signing the 2023 supplementary Budget at at the Presidential Villa in Abuja on Wednesday (8/11/2023). With him are: From left: Senate Leader, Sen Opeyemi Bamidele; Chairman Senate Committee on Finance, Sen Olamilakan Adeola; President of the Senate, Godswill Akpabio; Speaker, House of Representatives, Tajudeen Abbas; Chairman, House of Representatives Committee on Appropriation, Abubakar Kabir Abubakar; Secretary to the Government of the Federation, George Akume; Minister of Budget and Economic Planning, Atiku Bagudu and Chairman, Federal Inland Revenue Services, Zachs Adedeji.

From Juliana Taiwo-Obalonye, Abuja

President Bola Tinubu has signed the 2023 supplementary budget of N2.17 trillion into law to address urgent security and economic needs of the country.

He signed the Supplementary Appropriation Act, 2023 in his office at the State House in the presence of the Secretary to the Government of the Federation, George Akume, President of the Senate, Godswill Akpabio, Speaker Tajudeen Abbas, Minister of Budget and Economic planning, Atiku Bagudu and Chairman of the Federal Inland Revenue Services (FIRS), Zacch Adedeji.

Others at the signing were Senate Leader, Opeyemi Bamidele; and the Chairman, Senate Committee on Finance, Olamilakan Adeola.

The supplementary budget had generated controversy with some items but Bagudu saying the largest chunk of N605 billion is going into security, to further enhance the capacity of the nation’s defence and the security agencies to enable them address current and emerging security challenges in the country.

Others are infrastructure and palliative for civil servants to cushion the fuel subsidy removal.

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