Senate has approved the sum of N5.079 trillion Naira as revenue target and N706.4 billion as budget for the Nigeria Customs Service (NCS) in the 2024 fiscal year. The approval follows consideration of a report presented by the Committee Chairman on Customs, Excise, and Tariff, Jibrin Isah (APC-Kogi), at plenary. In his presentation, Isah said […]
Full text of 2024 Budget Proposal
President Bola Tinubu, on Wednesday, presented the 2024 budget proposal of N27.5 trillion to a joint session of the 10th National Assembly. Read full text below: 1. In furtherance of my sacred duties and obligations as President of the Federal Republic of Nigeria, it is my honour to be here today to present my administration’s […]
N2.1trn Supplementary Appropriation Bill passes 2nd reading in Senate
The 2023 Supplementary Appropriation Bill passed second reading on Tuesday in Senate. This followed the request by President Bola Tinubu for approval of the sum of N2.1 trillion supplementary budget to tackle labour wage adjustments, and other urgent economic needs. Leading the debate on the general principles of the bill, the Leader of the Senate, […]