BREAKING: Senate raises 2024 budget by N1.2tn

The Senate has increased the 2024 budget by a total of N1.2tn, moving the budget from N27.5tn to N28.7tn. 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 -N1,742,786,788,150; recurrent expenditure- N8,768.5330,852; capital expenditure-N9,995,143,298,028 and GDP at 3.88%. President Bola Tinubu, on