President Bola Tinubu has signed the N2.17trn 2023 supplementary budget into law.
After the House of Representatives and the Senate swiftly approved the budget proposal last week, the president signed the bill.
The National Assembly adopted the plan, and it is now essentially a law, enabling the federal government to distribute the funds specified in the budget to each level of government.
According to a breakdown of the 2023 Supplementary Budget, capital expenses are allocated N1.165,989,270,049 and recurrent expenses are N1.010.802,015,985.
Details later