President Tinubu to Present N27.5 Trillion 2024 Budget to National Assembly on Wednesday.
President Bola Tinubu is set to present the 2024 budget to the National Assembly on Wednesday. The Federal Executive Council (FEC) has granted approval to the 2024 appropriation bill, amounting to a total of N27.5 trillion.
The approval of the budget comes after thorough deliberations by the FEC, and the subsequent presentation is poised to provide insight into the government’s financial priorities and allocations for the upcoming fiscal year.
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The Speaker of the House of Representatives, Tajudeen Abbas, is expected to make a formal announcement regarding the budget presentation later today. This announcement will mark the official commencement of the budgetary process, as lawmakers prepare to scrutinize and debate the proposed allocations in the interest of national development.
The N27.5 trillion budget, once presented, will undergo careful examination and evaluation by the National Assembly members to ensure its alignment with the needs and aspirations of the Nigerian people.
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The budgetary discussions are anticipated to address key sectors such as infrastructure, healthcare, education, and other critical areas requiring government intervention.
As the nation awaits the unveiling of the 2024 budget, stakeholders and citizens alike will be keenly observing the proposed allocations and policy directions outlined by President Tinubu. The budget presentation is a crucial step in the fiscal planning process, playing a pivotal role in shaping the economic trajectory and development priorities for the year ahead.
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