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Nigeria House of Reps to Pass 2024 budget before December 30th

Boom RadioNG | December 19, 2023
House of Representatives, Federal Republic of Nigeria

The house of representatives has expressed their desire to pass the 2024 Appropriation Bill on or before Saturday, December 30, 2023.

 The Speaker of, the House of Representatives, Tajudeen Abbas, made this known today during the plenary session following the resumption of the green chamber after a brief recess to allow committees to scrutinise the budget estimates submitted by President Bola Tinubu.

However, the speaker did not reveal the figure finally agreed on as it will still undergo harmonisation with the red chamber.

 

House of Representatives, Federal Republic of Nigeria

House of Representatives, Federal Republic of Nigeria

President Tinubu presented a budget of N27.5 trillion to a joint section of the National Assembly on November 29 in Abuja.

The President pegged the budget deficit for the 2024 fiscal year at N9.18tn and explained that the deficit represented 3.88 per cent of Nigeria’s gross domestic product.

On December 1, 2023, the N27.5tn budget passed for a second reading at the Senate.

 

 

Dolupo Balogun

Written by Boom RadioNG

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