In a significant development, both the Nigerian Senate and the House of Representatives jointly passed the ₦2.17 trillion 2023 Supplementary Appropriation Bill after careful deliberation and a third reading.
Prior to the passage of this vital bill, the Senate formally embraced the comprehensive report of the harmonized sessions held by both the red and green chambers on the 2023 Supplementary Appropriation Bill. This report was presented by the Chairman of the Appropriations Committee, Senator Solomon Olamilekan Adeola of the APC representing Ogun West.
The approval of this supplementary budget underscores the legislature’s commitment to addressing the country’s financial needs and ensuring the effective allocation of resources for the year 2023.
Further details and insights regarding the specific allocations and priorities contained within this budget will be made available in subsequent reports.
