The Minister of Budget and National Planning, Atiku Bagudu, says the N3 trillion recurrent component of the additional funding in the 2024 budget is to cater for the new minimum wage.
Mr Bagudu stated this on Monday while appearing before the House of Representatives Committee on Appropriations to defend the N6.2 trillion proposed additional funding in the budget.
PREMIUM TIMES reported that President Bola Tinubu requested the National Assembly to amend the budget by adding N6.2 trillion.
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