President Bola Tinubu has transmitted an executive communication to the Senate, indicating his intention to present the 2024 Appropriation Bill to a joint session of the National Assembly tomorrow, Wednesday, November 29, by 11 am.

President Tinubu’s letter of intent was read by Senate President, Godswill Akpabio at the plenary on Tuesday, November 28.

The Federal Executive Council had during a meeting on Monday approved the N27.5 trillion 2024 Appropriation Bill.

Minister of Budget and Economic Planning Atiku Bagudu explained that the budget was shored up from N26 trillion to N27.5 trillion due to foreign exchange rate changes.

As required by the Constitution, Tinubu is expected to present the 2024 appropriation bill before the National Assembly.