The Nigerian Senate has approved the N2.1 trillion 2023 supplementary budget sent by President Bola Tinubu.
The approval follows the presentation of the report of its Committee On Appropriation by the Chairman Adeola Olamilekan. In his presentation, Olamilekan said the Committee received inputs from the leadership of relevant sub committees as well as heads of benefiting ministries, departments and agencies provided for in the supplementary appropriation bill.
The benefiting Agencies and breakdown are
Statutory Transfer
- INEC – N18 Billion
- Recurrent,(Non Debt ) Expenditure: Ministry Of Defence – N346.1 Billion
- Police Formations and Commands: N29.6 Billion
- Office of the National Security Adviser ….N39.6 billion
- Federal Ministry of Agriculture and Food Security, N103 billion
- Service wide vote ….N515 billion
Total Recurrent Expenditure N1 trillion
- State House N28 billion
- Ministry Of Defence …N200 Billion
- Police Formations and Commands….. N20.3 billion
- Office of the National Security Adviser… N10.3 billion
- Federal Ministry of Agriculture and Food Security …N97 billion
12 Federal Ministry of Works …N300 billion
13. Federal Capital Territory Administration N100 billion
14. Capital supplementation N220.5
Total Capital Expenditure N1.1.trillion
Total Capital Expenditure N1.1.trillion
Total Recurrent Expenditure N1 trillion
Aggregate Expenditure as approved : N2 1 trillion
Editor: Oloyede Oworu
