News
FEC approves N2.1 trillion as 2023 supplementary budget
The Federal Executive Council (FEC) has approved a 2023 supplementary budget of N2.1 trillion.
This was disclosed by the Minister of Budget and Economic Planning, Atiku Bagudu, after the council meeting presided over by President Bola Tinubu at the State House, Abuja on October 30.
According to him, “The council considered a request for supplementary appropriation which is a second for 2023, and graciously approved the sum of N2.1 trillion as supplementary budget & this budget is to fund urgent issues including N605 billion for national defence and security.
ALSO READ: River state governor sacks chief of staff
This is to sustain the gains made in security and these are funds that are needed by the security agencies before the year runs out.
Equally the sum of N200 billion was provisioned for seed, agricultural input, supplies and agricultural implements & infrastructure in order to support expansion of production.
The sum of N210 billion was also provided for the payment of wage Awards.
-
News5 days agoWidow of late investigative broadcaster Kola Olawuyi dies
-
Crime5 days agoOutrage as NYSC doctor allegedly dies after delay in approving sick leave
-
Latest3 days agoOne killed as ethnic clash erupts in Ibadan following reported overnight stabbing (video)
-
Latest4 days agoLagos arrests 396 beggars in fresh crackdown on street begging (Video)
-
Energy5 days agoGas flaring takes toll on children, residents in Rivers oil-producing communities
-
Aviation4 days agoNIS issues updated guidelines for contactless passport renewal for Nigerians abroad
-
Aviation5 days agoCould you prove that bag is yours? The precautions that could protect you from a travel nightmare
-
Latest6 days agoJonathan rejects political bribery allegation ahead of 2027 elections