Monday, December 4, 2023


The 2024 appropriation bill breakdown reveals the federal government's aim to generate N298.4 billion by selling specific government assets. 

This financing strategy, listed as a "Financing Item" in sectoral allocation details, is disclosed by Solomon Adeola, Chairman of the Senate Committee on Appropriations. 

The initiative is seen as a means to address public debts and alleviate the fiscal burden on the federal government. 

Additionally, the document outlines an anticipated N2.8 trillion net surplus from government-owned enterprises in the 2024 fiscal year.

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