President Bola Tinubu has signed the N28.7 trillion 2024 appropriation bill into law.  

Thelagostimes reports that the president, on Monday, gave his approval to the 2024 Appropriation Bill during a short ceremony at the Presidential Villa in Abuja. 

Present at the ceremony were the President of the Senate, Senator Godswill Akpabio, and the Speaker of the House of Representatives, Hon Tajudeen Abbas. 

Others include the Chief of Staff, Femi Gbajabiamila; APC National Chairman, Abdullahi Ganduje, and Senate Appropriation Committee Chairman, Senator Olamilekan Adeola.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Minister of Budget and Economic Planning, Atiku Bagudu, and National Security Adviser (NSA), Nuhu Ribadu, were also at the event. 

Recall that during the weekend, the National Assembly passed the 2024 appropriation bill, raising its size from President Bola Tinubu’s proposed N27.5 trillion to N28.7 trillion.

According to the report submitted by the Appropriation Committee led by Senator Solomon Adeola, aggregate expenditure was pegged at N28,777,404.073.861; statutory transfers at N1,742,786,788,150; recurrent expenditure at N8,768.5330,852; capital expenditure at N9,995,143,298,028 and GDP at 3.88 per cent.