The National Assembly has today, approved the N2.176 trillion 2023 supplementary budget transmitted to the parliament by President Bola Ahmed Tinubu on Tuesday.
The Independent Mirror reported At the Senate, the budget was approved following the adoption of a report by the Appropriations Committee, presented by the chairman, Senator Adeola Olamilekan (Ogun West) during plenary.
President Tinubu had, in a letter read in both chambers, asked the federal lawmakers to approve the proposal, the second of such this year after N819.5 billion was approved to provide palliatives for poor Nigerians.
At the House of Representatives, it was passed following the consideration and adoption of the report of the Committee on Appropriations as earlier laid by the chairman, Abubakar Bichi (Kano, APC).
However, the House of Representatives has dropped the N5 billion presidential yacht from the 2023 supplementary budget.
The chairperson of the House Committee on Appropriation, Abubakar Bichi (APC, Kano) announced this on Thursday after the passage of the N2.17 trillion supplementary budget by the House.
Mr Bichi, while speaking to journalists, said the committee removed the item and moved the money to the student loan section to make it N10 billion.
