PRESIDENT Bola Tinubu has written to the House of Representatives, asking that the sum of N2,176,791,286,033 as 2023 supplementary budget be approved.
The supplementary budget,which was approved by the Federal Executive Council – FEC, on Monday, is to address labour wage adjustments, security and more.
According to the Minister of Budget and Economic Planning, Atiku Bagudu, the budget is to fund urgent issues.
“The council considered a request for supplementary appropriation which is a second for 2023,” the Minister said after the FEC meeting in Abuja on Monday.
“And graciously approved the sum of N2,176,791,286,033 as supplementary budget and this supplementary budget is to fund urgent issues including N605 billion for national defence and security,’’ he added.
“This is to sustain the gains made in security and to accelerate and these are funds that are needed by the security agencies before the year runs out. ”
