The National Assembly is expected to pass the 2024 Appropriation Bill at the plenary today, Saturday, December 30, 2023.
At their respective sessions, the Senate and the House of Representatives will both approve the National Assembly’s (NASS) harmonized 2024 budget.
Already, the President of the Senate, Senator Godswill Akpabio, has arrived in the chamber to preside over what is the last plenary for the year.
President Bola Tinubu presented the NASS with the 2024 budget estimates of N27.5 trillion on November 29.
Christened the ‘Budget of Renewed Hope’, the President said it will ensure micro-economic stability, poverty reduction, and greater access to social security, amongst others.
He highlighted priority areas such as security, local job creation, macro-economic stability, investment environment optimization, human capital development, poverty reduction, and social security.
The President, during his first budget presentation before the joint session of the National Assembly, said the proposed budget prioritises human capital development, with particular attention given to children, because human capital remains the most critical resource for national development.