The Senate has approved the 2024 Appropriation Bill of N28.7 trillion, against the N27.5 trillion estimate presented by President Bola Tinubu.
The upper chamber gave its approval to the bill during the Saturday plenary.
The approved budget includes N1.7 trillion for statutory transfers, N8.7 trillion for recurrent expenditure, and N9.9 trillion for capital expenditure.
President Bola Tinubu, on 29 late November, presented the N27.5 trillion 2024 budget to the National Assembly for approval.
It passed second reading at the House of Representatives on 1 December after extensive two-day debate.
