President Signs Budget As N’Assembly Raises Lawmakers Allocation To N344bn

The National Assembly has raised its 2024 budgetary allocation by 74.23 per cent to N344.85bn. This will be the highest-ever budgetary allocation to the National Assembly whose initial allocation in the 2024 budget proposal was pegged at N197.93bn. The increase in allocation to the Senate and House of Representatives is happening amidst a cost-of-living crisis in the country, with the government telling citizens at various for a that the country is facing tough times. In the recently passed and now signed 2024 Appropriation Bill, the National Assembly increased the budget…

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