President Bola Ahmed Tinubu is set to present the 2024 Appropriation Bill to a joint session of the National Assembly any moment from now.
Sources close to the Nigerian Presidency said the yearly estimate will be presented to the Assembly in less than an hour, barring any last-minute change of plans.
Senate President Godswill Akpabio confirmed on Tuesday that Tinubu will on Wednesday, November 29 present the 2024 Appropriation Bill of N27.5 trillion to a joint session of NASS.
The Speaker of the House of Representatives, Tajudeen Abbas had earlier on Monday said the assembly was set for the president to present the financial estimate.
Akpabio, who read a letter from Tinubu on the floor of the House during Tuesday’s plenary session, said the presentation will commence by 11.00 a.m.
The Federal Executive Council, FEC, had on Monday approved the budget.
The proposed budget is N1.5 trillion higher than the initial N26 trillion earlier approved by the FEC before the recent passage of the Medium Term Framework, MTEF, and Fiscal Policy document by the National Assembly.
The budget is the highest in Nigeria’s history, and President Tinubu’s first since he came to office on May 29, 2023.
