President Bola Tinubu has forwarded the injection of N6.2 trillion into the N27.5 trillion 2024 budget to the Senate for consideration and approval.
In the request via a letter read on the floor of the Senate by its President, Godswill Akpabio, during plenary today, President Tinubu specifically sought for withdrawal of N3.2 trillion from the Consolidated Revenue Fund, for capital expenditure.
In the second leg of the request, the President sought for withdrawal of another N3 trillion from the consolidated revenue fund for additional recurrent expenditure for the year ending on December 31, 2024.
The Senate had already listed the two requests on its Order Paper as Executive bills for expeditious consideration.
If the requested N6 2 trillion is injected into the N27 5 trillion 2024 budget, the budget size will increase to N33.7 trillion.
