President Buhari Signs 2023 Budget

President Muhammadu Buhari has signed the 2023 Appropriation Bill into law.

Buhari signed the 2023 transition budget Tuesday morning at the Council Chambers of the Presidential Villa, Abuja.

The budget was signed in the presence of Vice President Yemi Osinbajo, Senate President Ahmed Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, and other members of the Federal Executive Council.

Speaking at the event, the President said his regime would speed up critical infrastructure projects nationwide as it raced toward the finish line on May 29, 2023.

He noted that the budget is N21.83 trillion aggregate expenditure, an increase of N1.32 trillion over the initial executive proposal of N20.51 trillion.