The Security beefed up at the National Assembly ahead of the presentation of the 2024 Appropriation Bill by President Bola Tinubu.
Men of the Department of State Services, DSS deployed to man the entrance gates are restricting access to the complex.
Security agents are deployed to ensure that only those with legitimate business at the National Assembly Complex are allowed in.
It’s the President’s first budget presentation before the joint session of the National Assembly since he assumed office on May 29, 2023.
About three weeks ago, President Tinubu forwarded to both chambers of the National Assembly the 2024-2026 Medium-Term Expenditure Framework and Fiscal Strategy Paper where the sum of N26.1trn was proposed as the total expenditure profile for the 2024 fiscal year.
On Monday, the budget was revised upwards by N1.5 trillion to N27.5trn after the oil price benchmark was increased and the naira exchange rate lowered.
The budget of N27.5 trillion is 26% higher than the 2023 budget presented by ex-President Muhammadu Buhari in 2022.
Meanwhile, the President also wrote the National Assembly, seeking the approval of $8.6bn and €100m external borrowing plan for critical infrastructure in areas such as power, roads, water, railway, and health.
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