Abuja, Nigeria
The National Assembly may pass the harmonised 2024 Appropriation Bill at the plenary today.
Channels TV reports that the President of the Senate, Godswill Akpabio, has arrived at the Senate chamber to preside over the last plenary for the year.
On November 29, President Bola Tinubu presented the 2024 budget proposal of N27.5 trillion to the joint chambers of the Senate and House of Representatives.
The first budget of the Tinubu administration titled: ‘Budget of Renewed Hope’, Tinubu said it would ensure macro-economic stability, poverty reduction, and greater access to social security, amongst others.
The President listed areas such as security, local job creation, macroeconomic stability, investment environment optimization, human capital development, poverty reduction, and social security which are the priorities of his administration.
During the budget presentation, he said the proposed budget prioritises human capital development, with particular attention given to children because human capital remains the most critical resource for national development.