President Bola Ahmed Tinubu has officially signed the 2023 Supplementary Budget, which amounts to N2.17 trillion. This budget was recently passed by the National Assembly and was signed into law by the President at the Presidential Villa in Abuja on Wednesday, November 8, 2023. Present at the signing ceremony were several prominent figures, including:
- President of the Senate, Senator Godswill Akpabio.
- Speaker of the House of Representatives, Tajudeen Abass.
- Secretary to the Government of the Federation, Senator George Akume.
- Minister of Budget and Economic Planning, Atiku Bagudu.
- Chairman of the Federal Inland Revenue Services, Zacch Adedeji.
- Senate Leader, Opeyemi Bamidele.
- Chairman of the Senate Committee on Finance, Olamilakan Adeola.
The President had emphasized the necessity of the supplementary budget, highlighting its role in providing additional palliative measures, including wage awards. The Federal Executive Council (FEC), which is presided over by the President, had previously approved the 2023 supplementary budget with a total allocation of N2.1 trillion.