Politics
Tinubu Breaks Record As He Arrives National Assembly For 2024 Budget Presentation
President Bola Tinubu on Wednesday arrived at the National Assembly complex for the 2024 budget presentation becoming the first former Senator to step into the complex as president of Nigeria.
GWG.ng reports that also present in the entourage of the president are Vice-President Kashim Shettima, also a former senator, the Secretary to the Government of the Federation, SGF, Senator George Akume, also a former senator, and the Chief of Staff, Femi Gbajabiamila, the immediate past speaker of the House of Representatives.
It is the first time that the executive arm of government has been so populated by alumni of the National Assembly.
As he began his speech, President Tinubu said that he was indeed feeling at home.
The President got to the National Assembly at exactly 11: 04 am on Wednesday amid heavy security.
READ ALSO: BREAKING: Tinubu Swears In Eight New Permanent Secretaries (SEE FULL LIST)
The Federal Executive Council had on Monday approved the 2024 Appropriation Bill of N27.5tn.
This is an increase from the N26.01tn earlier considered by the council.
Ahead of the budget presentation, Tinubu had three weeks ago forwarded to both chambers of the National Assembly, the 2024 – 2026 MTEF and Fiscal Strategy Paper where the sum of N26.1tn was proposed as the total expenditure profile for the 2024 fiscal year.
The Senate through its committee on Finance after two weeks of interactive sessions with heads of Ministries, Departments and Agencies on revenue and expenditure projections made for them, approved the MTEF.
It specifically approved the N26.1tn proposed as the 2024 budget and other parameters as proposed by the President.
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