President issues warning: Adhere to budget or face dismissal
President Bola Ahmed Tinubu yesterday told any of his aides who will be a cog in the wheel of the implementation of this year’s Appropriation Act.
After signing the N28.78 trillion 2024 Appropriation Bill, Tinubu warned ministers and heads of agencies that those who would not aid effective implementation of the budget would be eased out.
Capital expenditure got N10 trillion out of the N28.27 Budget.
Recurrent expenditure got N8.8 trillion; debt service, N8.2 trillion and statutory transfers, N1.7 trillion.
The President, who was in Lagos to celebrate Christmas and New Year, assented to the bill at the State House, shortly after returning to Abuja yesterday, a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale, said.
Speaking at the signing of the bill, the President assured Nigerians that the implementation of the budget would be efficiently pursued and vigorously monitored.
He explained: “Mr. President has signed two other bills. The first one is the supplementary appropriation bill of 2023, which he has agreed to extend by 90 days. So, it will continue to work concurrently with the 2024 budget up to March 31.
He has also approved the 2023 main budget to concurrently operate with the capital component of the 2024 budget up to March 31.
