Saturday, June 10

Reps pass increased 2023 budget of N1.3tr

The House of Representatives on Wednesday passed a budget of N21,827,188,747,391 for 2023.

It marks an increase of N1,319,246,566,677 from the proposal sent to the House by President Muhammadu Buhari.


The President had in October transmitted a proposal of N20.5 trillion for the 2023 fiscal year.


The House also passed a supplementary budget of N819.5 billion for 2022.

The House approved the extension of the implementation of the 2022 budget to March 31, 2023.

The House adjourned to January 17, 2023.

The Nation.

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