Understanding Details Of Nigeria's 2024 Budget Proposal
The Federal government, through the Ministry of Solid Minerals Development, is collaborating with the World Bank to unlock financing and technical support for the development of the mining sector.
In a recent development, a leading civic-tech organization promoting transparency and accountability, BudgIT, has raised concerns over the proposed 2024 Appropriation Bill presented to the National Assembly by President Bola Ahmed Tinubu, citing discrepancy in the figure.
BudgIT said there’s an absence of crucial budget breakdowns from the National Assembly, Government-Owned Enterprises, and some Ministry Departments and Agencies in the proposal are missing from what was presented to the National Assembly.
According to the statement, the organization said it observed carefully that the proposed budget's total sum is N24.08 trillion, indicating a difference of N3.42 trillion compared to the N27.5 trillion aggregate budget presented to the national assembly.
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