The Federal Executive Council has approved N2.17 trillion as the second supplementary budget for this year 2023.
The minister also disclosed that N210 billion would go for the payment of wage awards to civil servants and N400 billion for cash transfers to vulnerable households. “The council considered a request for supplementary appropriation which is a second for 2023 and guide graciously approve the sum of N2,176,791,286,033 as supplementary budget and this supplementary budget is to fund urgent issues including N605 billion for national defense and security,” Bagudu said.
“In negotiation with the Nigeria Labour Congress, the federal government agreed to pay N35,000 each to about 1.5 million employees of the federal government and that amounts from September, October, November and December 2023 and that amounts to about N210 billion which has been approved and also N400 billion as cash transfer payments.
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