Categories: Top Stories

Buhari Transmits ₦‎819.5 Billion Supplementary Budget To NASS

Nigeria’s President, Muhammadu Buhari has transmitted a supplementary 2023 Appropriation Bill to the National Assembly.

Speaker of the House of Representatives, Femi Gbajabiamila, read out the content of the cover letter on the bill to members on Wednesday.

Advertisement

Buhari, in the cover letter, said the additional demand for N819,536,937,813 for next year was due to the devastation caused by floods on farmlands and road infrastructure.

 

Advertisement

According to the President, Nigeria witnessed the “worst flood incidents in recent history, which has caused massive destruction of farmlands,” adding that the country now risks food insecurity.

He stressed that the floods affected “several roads and bridges” across the 36 states of the federation.

Advertisement

The supplementary budget got to the federal parliament about 24 hours before the passage of the 2023 Appropriation Bill.

The president only transmitted the Finance Bill 2023 to the National Assembly on Tuesday.

Advertisement
Sola Adeyemo

Recent Posts

Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe

A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…

11 hours ago

Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB

IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…

14 hours ago

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…

15 hours ago

My husband assaulted me, ruined my career – Olajumoke Onibread

Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…

18 hours ago

“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President

Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…

18 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…

18 hours ago