Senate okays Tinubu’s N2.17trn Supplementary Budget Request

By Damilare Adeleye

The Nigerian Senate has on Thursday approved the N2.17trn 2023 Supplementary Budget request presented to it by President Bola Tinubu.

The lawmakers gave approval after the Appropriation bill passed the third reading during plenary.

Senator Adeola Olamilekan, Chairman of the Senate Committee on Appropriations, had laid the committee’s report which was adopted and debated before Akpabio put it to voice vote and Senators across party lines voted in favour.

It was recalled that in the breakdown of the budget, the Ministry of Defence received the highest allocation of N476.543 billion, Works was allocated N3000 billion, and the Ministry of Agriculture and Food Security got N200 billion.

Under the State House section of the budget, N2.9 billion was earmarked for purchase of SUV vehicles; the purchase of official vehicles for the office of the First Lady (N1.5 billion); renovation of the residential quarters of Mr. President (N4 billion); renovation of Dodan Barracks—the official residence of Mr. President (N4 billion); renovation of the official quarters of the Vice President in Lagos (N3 billion); construction of an office complex in Aso Rock (N4 billion). In the Office of the National Security Adviser section, the Presidential Air Fleet will receive a budget allocation of N12.7billion. In the Nigeria Navy section, N5 billion was earmarked for a Presidential Yacht.

N5 billion was allocated for the renovation of 100 schools; another N5.5 billion was for Education Loan Fund (funding for Student Loans); Housing got N100 billion; the Federal Capital Territory Administration got N100 billion; the Department of State Services (DSS) got N49bn; and Police Formations and Command got N50 billion.

In the supplementary appropriation bill, Service Wide Votes was allocated N615 billion.

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