Friday, November 22, 2024

President Tinubu Plans To Present 2024 Budget To NASS

President Bola Tinubu is preparing to introduce the 2024 Supplementary Budget before the National Assembly (NASS), aiming to make further provisions for the nation’s expenditures.

During his address to a joint session of the National Assembly on Wednesday, on the occasion of the 25th anniversary of Nigeria’s 4th Republic, the President remarked, “I submitted the last budget to you, and it was swiftly passed. Now, we progress to the next, the Year 2024 Supplementary Appropriation Bill, which I will present shortly.”

Senate President Godswill Akpabio welcomed the announcement, expressing readiness to review the additional budget, stating, “We await the Supplementary Appropriation Bill of 2024 with great anticipation.”

At this landmark joint session, which also marked the first year of the Tinubu administration, the President affirmed the adoption of ‘Nigeria, we hail thee’ as the country’s renewed national anthem.

Highlighting the amalgamation of the nation’s diversity, President Tinubu observed, “The latest national anthem you played today, ‘Nigeria, we hail thee’, beautifully epitomizes our unity in diversity, our collective narrative.”

READ MORE: Senate, House Of Reps Plan For Joint Session Towards Celebration Of Democracy

Calling for a continued spirit of cooperation between the legislative and executive branches, President Tinubu stressed the critical need for unity in the quest for sustained national advancement and prosperity.

“It is our collective duty to our motherland, to stand united in developing Nigeria not just for the present, but also for the generations that follow,” he asserted.

The President’s statement follows his signature on the N28.7 trillion 2024 Appropriation Bill earlier in the year, on January 1, 2024, a budget that was scaled up by N1.2 trillion from the original proposal presented to the NASS on November 29, 2023.

Hot this week

Nigeria’s Proposed N47.9 Trillion Budget Aims to Strengthen Economy, Tackle Inflation

Nigeria's Federal Executive Council (FEC) has unveiled a proposed...

State Capturing and Democratic Culture in Nigeria: Matters for Concern

In recent years, Nigeria has grappled with the troubling...

Kenyan President Demands Justice for Femicide Victims, Calls for Gender Equality

President William Ruto has issued an urgent call for...

Policy Reforms Could Unlock Nigeria’s Furniture and Textile Goldmine – Shina Peller

Nigeria’s furniture and textile sectors hold untapped potential to...

Emotion or Reason: Which is the Precursor of Human Actions?

Kingsley Enwelim Nwanze The age-old debate between emotion and reason...

Kenyan President Demands Justice for Femicide Victims, Calls for Gender Equality

President William Ruto has issued an urgent call for...

Policy Reforms Could Unlock Nigeria’s Furniture and Textile Goldmine – Shina Peller

Nigeria’s furniture and textile sectors hold untapped potential to...

Simon Ekpa Arrested in Finland, Accused of Inciting Violence in Nigeria

Simon Ekpa, a divisive pro-Biafra activist, has been arrested...

Nigeria Needs to Focus on Export Growth for Economic Recovery, Says Sanwo-Olu

Lagos State Governor Babajide Sanwo-Olu has called for a...

Football Powerhouses and New Contenders Set for TotalEnergies CAF Africa Cup of Nations 2025

Football's biggest stars and emerging contenders are set to...

Experts Raise Alarm Over Health Risks of GMOs in Nigeria

Experts have raised significant concerns about the health risks...

Somaliland Opposition Leader Abdirahman Cirro Wins Presidential Election, Securing 64% of the Vote

Somaliland’s opposition leader Abdirahman Cirro has emerged victorious in...
spot_img

Related Articles

Popular Categories