PRESIDENT Muhammadu Buhari has signed into law the Appropriation Bill, 2023 totalling N21.83 trillion.
Buhari signed the bill at the Council Chambers of the State House in Abuja today.
This development comes six days after the National Assembly passed the bill, which represents an increase of ₦1.32 trillion from the ₦20.51 trillion budget proposal of Buhari.
A breakdown of the budget indicated an allocation of ₦967.5 billion for statutory transfers, ₦6.6 trillion for debt servicing, ₦8.3 trillion for recurrent expenditure, and ₦5.9 trillion for capital expenditure.
The 2023 Appropriation Bill was deferred two weeks ago over what the Senate President described as problems discovered in it.
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