The Federal Government has approved N2.1 trillion to finance the 2023 supplementary budget. Addressing State House Correpondents shortly after the Federal Executive Council (FEC) on Monday in Abuja, Minister of Budget and Economic Planning, Atiku Bagudu said that the monies would be used to fund urgent national needs. He noted that the council considered a request for supplementary appropriation which is a second for 2023. “The FEC graciously approved the sum of N2,176,791,286,033 as supplementary budget and this supplementary budget is to fund urgent issues including N605 billion for national defence and security. “This is to sustain the gains made in security and to accelerate and these are funds that are needed by the security agencies before the year runs out," he said. Bagudu hinted that there would be allocations to maintain previous progress recorded on national security and agriculture. The budget is expected to cover four months of wage awards for ...
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