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The National Assembly has passed the 2023 appropriation bill at N21.83 trillion.
This shows an increase of N1.32 trillion from the N20.51 trillion budget proposal of President Muhammadu Buhari.
A breakdown of the budget 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 expenditure.
