President Bola Tinubu has announced his intention to present the 2024 Supplementary Budget to the National Assembly (NASS) soon.
Addressing a joint sitting of the NASS on Wednesday, he acknowledged the swift approval of the last budget and emphasized the administration’s commitment to following through on its promises.
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During his address, marking the Silver Jubilee of Nigeria’s 4th Republic, Tinubu stated, “I submitted the last budget to you, and you expeditiously passed it. We are walking the talk. I will soon bring the Year 2024 (Supplementary) Appropriation Bill. That is just for your information.”
In response, Senate President Godswill Akpabio expressed readiness to receive the new budget, stating, “Thank you, Mr. President, we will be expecting the Supplementary Appropriation Bill of 2024 as soon as possible.”
The joint sitting also coincided with the first anniversary of Tinubu’s administration.
During the session, the President confirmed the adoption of ‘Nigeria, we hail thee’ as the new national anthem, symbolizing the nation’s diversity and unity.
“You rang out the latest national anthem, ‘Nigeria, we hail thee’. This is our diversity, representing all characters and how we blend to be brothers and sisters,” Tinubu said.
The President urged both the Senate and the House of Representatives to continue their collaborative efforts to ensure the country’s sustained progress and development.
“We have no other choice; it is our nation. No other institution or personality will help us unless we do it ourselves. No amount of aid from foreign countries or any other nation will fix us; they take care of themselves first. Let us work together as we are doing to build our nation, not only for us but for generations unborn,” he pleaded.
On January 1, 2024, Tinubu signed the N28.7 trillion 2024 Appropriation Bill into law, which was N1.2 trillion higher than the initial proposal he presented to a joint NASS session on November 29, 2023.