Senate Discovers $400 Million Intervention Funds Held in Banks

JUST IN: Senate Extends N2.1trn Supplementary Budget Implementation to March 2024

2024

Senate has decided to extend the implementation period of the N2.1 trillion supplementary budget for the year 2023 to 2024.

Originally slated to conclude on December 31, 2023, the Senate President, Godswill Akpabio, announced the decision during today’s plenary session.

The new deadline for the budget execution is set for March 31.

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This decision introduces a three-month extension, impacting the timeline for the allocation and utilization of the additional funds.

Awaiting more details…