President Muhammadu Buhari on Friday presented a N19.76TRN 2023 Appropriation Bill before a joint session of the National Assembly.
The budget will be the last to be presented by Buhari as his tenure is set to expire on May 19, 2023
The N19.76 trillion 2023 budget is a 15.37 percent increase from the amount earmarked in the 2022 budget as well as a projected deficit of N11.30 trillion.
Presenting the budget, the President said;
“As I address this session for the last time, let me highlight the progress made so far. We have made transformation adjustment in infrastructure development.
‘We have facilitated the completion of Second Niger Bridge, Lagos-Ibadan Express Way and Abuja-Kaduna Kano road. We have used tax credit to facilitate several roads.”
Details later…
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