The Nigeria’s President Tinubu has signed the N28.78 trillion 2024 appropriation bill into law in his office State House Abuja, Federal Capital Territory (FCT) on Monday, while it is recalled that the National Assembly passed the 28.7 trillion on Saturday.
Penpushing reports that with the signing of the budget, the Tinubu administration is set continue with the January-December budget cycle initiated by the previous President Muhammadu Buhari administration.
The signing of the budget into law by the President was witnessed the Senate President, Senator Goodswill Akpabio; Speaker of the House Representatives, Abbas Tajudden; Minister of Finance and the Coordinating Minister of the Economy, Wale Edun; and the Minister of Budget and Economic Planning, Abubakar Bagudu.
Penpushing further reports that others in attendance were the Chairman Senate Committee on Appropriation Solomon Adeola, his House counterpart, Abubakar Bichi and the Chief of Staff to the President, Femi Gbajabiamila.
Meanwhile, it is recalled that the national assembly lawmakers increased the budget from N27.5 trillion presented by the President in November to N28.7 trillion, a difference on N1.2 trillion.
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