President Muhammadu Buhari on Tuesday signed into law the 2023 appropriation bill of N21.83 trillion.
Buhari signed the bill at the Council Chambers of the State House in Abuja.
Last week the National Assembly passed the bill, representing an increase of N1.32 trillion from Buhari’s N20.51 trillion budget proposal.
A budget breakdown indicates an allocation of N967.5 billion for statutory transfers, N6.6 trillion for debt servicing, N8.3 trillion for recurrent expenditure, and N5.9 trillion for capital expenditure.
