JUST IN: FG Proposes N26trn for 2024 Budget

The federal government is proposing N26trn as the 2024 budget which is expected to be submitted to National Assembly before December, 31.

Minister of National Planning and Budget, Alhaji Atiku Bagudu, announced the budget proposal at the end of the Federal Executive Council meeting held on Monday, at the State House, Abuja.

Badugu said the council has approved the 2024-2026 medium-term expenditure framework (MTEF)

The minister added that the executive is required by the Fiscal Responsibility Act to present to the National Assembly ahead of a budget presentation, a document which will provide the medium-term economic outlook for the economy.

Details Later…