- The Chairman, Committee on Appropriation, Hon. Abubakar Kabir Bichi, said the 2024 budget was increased because of promises from Government Owned Enterprises (GOEs)
- Bichi said the revenue-generating agencies vowed to increase their revenue in 2024 to support the budget.
- The federal lawmaker said the increment was allocated to the capital component rather than recurrent expenditure.
Legit.ng journalist Adekunle Dada has over 5 years of experience covering metro and government policy
FCT, Abuja – The House of Representatives has explained the reason for increasing the 2024 budget from N27.50 trillion to N28.78 trillion.