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Nigeria: National Assembly passes N21.8trn 2023 budget - MegaIcon Magazine
The National Assembly has passed the 2023 appropriation bill at N21.83 trillion. This revealed an increase of N1.32 trillion from the N20.51 trillion budget proposal of President Muhammadu Buhari. Its breakdown indicates an allocation of N967.5 billion for statutory transfers, N6.6 trillion for debt servicing, N8.3 trillion for recurrent expenditure, and N5.9 trillion for capital