JUST IN: Tinubu to present 2024 supplementary budget to national assembly

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President Bola Tinubu has stated he’ll quickly current the 2024 Supplementary Appropriation Invoice to the Nationwide Meeting.

The declaration was made throughout a joint sitting of the Senate and Home of Representatives, marking the Silver Jubilee of Nigeria’s 4th Republic and the primary anniversary of Tinubu’s administration.

In his tackle, President Tinubu acknowledged the swift passage of the final finances by the Nationwide Meeting and reiterated his dedication to sustaining this momentum.

“I submitted the final finances to you. You expeditiously handed it. We’re strolling the discuss. I’ll quickly carry the 12 months 2024 (Supplementary) Appropriation Invoice. That’s simply on your data,” he stated.

Responding to the President’s announcement, Senate President Godswill Akpabio expressed readiness to obtain and act on the forthcoming invoice.

“Thanks, Mr President, we might be anticipating the Supplementary Appropriation Invoice of 2024 as quickly as potential,” Akpabio stated.

The joint sitting additionally witnessed the affirmation of “Nigeria, we hail thee” as the newest nationwide anthem.

President Tinubu emphasised the anthem’s significance, saying: “You rang out the newest nationwide anthem, ‘Nigeria, we hail thee’. That is our range, representing all characters and the way we mix to be brothers and sisters.”

President Tinubu urged continued collaboration between the legislative and government branches to make sure sustained progress and growth for Nigeria.

“We have now no different selection; it’s our nation. No different establishment or persona will assist us except we do it ourselves.

“No quantity of support from international international locations or another nation will repair us; they deal with themselves first.

“Allow us to work collectively as we’re doing to construct our nation, not just for us however for generations unborn,” he famous.

That is coming 5 months after signing the N28.7 trillion 2024 appropriation invoice into regulation.

Among the key estimates are capital expenditure, N10 trillion; recurrent expenditure, N8.8 trillion; debt service, N8.2 trillion, and statutory transfers, N1.7 trillion.