June 18, (THEWILL)- President Bola Tinubu will send a total of N6.6 trillion 2024 supplementary budget to the National Assembly for consideration in July, Senate spokesperson, Yemi Adaramodu, has disclosed.
Speaking with the PUNCH, Adaramodu said the N6.6 trillion supplementary budget is still being computed by the executive, but will be sent to the National Assembly after resumption on July 2.
“The budget would be sent any time we resume after the Sallah recess. I believe the bill and other important executive communication will be sent to the National Assembly when we resume in July. The budget size is N6.6 trillion”, he said.
Earlier, Minister of Budget and Economic Planning, Atiku Bagudu, at a joint briefing of the Senate and House of Representatives Committee on National Planning and Economic Affairs over the proposed Supplementary Appropriation Bill, had said the supplementary budget was still being prepared.
He noted that the N6.6 trillion budget will provide funding for identified transformational projects including Lagos-Calabar Coastal Road; proposed Sokoto-Badagry Road; completion of all ongoing railway projects, which have not been provided counterpart funding.
The budget will also fund the rehabilitation and expansion of dams and irrigation schemes to support increased production within the economy.
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