Appropriation Bill: F.E.C. Approves Proposed N19.76trn 2023 Budget

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The federal executive council (FEC) has approved the proposed N19.76 trillion budget for the 2023 fiscal year.
Femi Adesina, special assistant to the president on media and publicity, disclosed this while addressing state house correspondents on the outcome of the FEC meeting.
He said the council gave the approval at its weekly meeting presided over by President Muhammadu Buhari on Wednesday in Abuja.
Adesina said Buhari would present the budget proposal before a joint sitting of the national assembly on Friday, October 7.
Also speaking on the hybrid FEC sessions (in-person and online participants), Adesina said the council was abiding by the country’s COVID-19 protocol.