Nigeria’s House of Representatives has passed the 2024 Appropriation Bill of 28.77 trillion naira
A breakdown of the budget shows that 1.743 trillion naira is for statutory transfers, 8.271 trillion naira for debt service, 8.769 trillion naira for Recurrent (Non-Debt) Expenditure while 9.995 trillion naira is for Capital Expenditure.
Editor: Ena Agbanoma