The National Assembly has raised the 2024 national budget from from N27.5 trillion to N28.77 trillion.
The Senate said the difference of N1.2 trillion arose from additional request feom the executive arm of government for some agencies after the initial proposal was submitted by the President.
Chairman of Senate’s committee on Appropriation, Solomon Olamilekan, made the disclosure on Saturday.
“Through the closely and harmonious appropriation process, the Executive forwarded request for additional funding and some items of expenditure to the Committee which were not included in the Bill as submitted by the President,” Olamilekan said.
“In order to accommodate the requests, the following adjustments have been made on the Bill:
Foreign Exchange differential
GOE’s Revenue Increased
GOE’s Personnel reduction
Service Wide Vote (Wage adjustment)
Reduction from Service…
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