The 2023 Appropriation Bill was approved by Nigeria’s House of Representatives, bringing the total estimates from the proposed N20.51 trillion to N21,827,188,747,391.
Goldennewsng reports that following consideration and adoption of the bill’s report by the House Committee on Appropriations on Wednesday in plenary, the Federal Government budget was passed.
The report was presented on an additional order paper that was later distributed during the session.
The House had earlier on Wednesday passed the 2022 Finance Bill, the 2022 Supplementary Appropriation Bill, and the Appropriation Act 2022 (Amendment) Bill, all of which extended the deadline for putting this year’s budget’s capital expenditures into effect until March 31, 2023.
The 2023 Appropriation Bill had been delayed until this week by the National Assembly, which was supposed to pass the budget last week.
The 2022 Finance Bill and Supplementary Appropriation Bill, which were recently sent to the National Assembly for consideration and passage, were cited by several lawmakers as the cause of the delay last week.
The Finance Bill was sent to the National Assembly by President Muhammadu Buhari on Wednesday, and the Supplementary Appropriation Bill was received by parliament on Thursday, the same day lawmakers planned to pass the 2023 budget and close the year.
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