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The House of Representatives has approved an amended 2024 budget, increasing it from ₦28.7 trillion to ₦35.5 trillion. This follows President Bola Tinubu’s request to raise the budget by ₦6.2 trillion.
The increased budget will fund critical infrastructure projects and meet further recurrent expenditure needs.
In addition, the House passed the minimum wage bill and the police act amendment bill, aligning with recent Senate approvals. President Tinubu emphasized that these budget adjustments support the administration’s Renewed Hope agenda, focusing on infrastructure, education, healthcare, and public welfare initiatives.
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