President Bola Tinubu has revealed the top priorities of the
recently signed N28.7 trillion 2024 national budget.
The President signed the 2024 budget into law on Monday,
barely 48 hours after the National Assembly passed the appropriation bill.
Speaking during the budget signing ceremony in Aso Rock
Villa, Tinubu, according to a statement by Ajuri Ngelale, identified defence
and internal security, job creation, macroeconomic stability, an improved
investment environment, human capital development, poverty reduction, and
social security as priorities.
Some critical estimates of the appropriation bill are
capital expenditure, N10 trillion; recurrent expenditure, N8.8 trillion; debt
service, N8.2 trillion; and statutory transfers, N1.7 trillion.
“All MDAs have been directed to take responsibility and
provide monthly budget performance reports to the Ministry of Budget and
Economic Planning, which in turn shall ensure the veracity of such,” he stated.
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