President Bola Tinubu on Wednesday said his administration is poised to maintain the January-December implementation cycle laid down by the immediate past administration of Muhammadu Buhari. ⁣

“Our goal is to ensure that the Approbation Act comes into effect on January 1, 2024,” Tinubu said when he presented the N27.5 trillion 2024 budget proposal to a joint session of the 10th National Assembly in Abuja — his first since assuming office exactly six months ago.⁣
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Tinubu spotlighted national security, local job creation, and poverty reduction as the top priorities of the 2024 Appropriation Bill which he called the ‘Budget of Renewed Hope.’ ⁣
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This was as he said the administration is targeting a 3.76 per cent economic growth in the next fiscal year. ⁣
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“A critical focus of this budget and the medium-term expenditure framework is Nigeria’s commitment to a greener future…We expect the economy to grow by a minimum of 3.76 percent, above the forecasted world average. Inflation is expected to moderate to 21.4 percent in 2024,” Tinubu said. ⁣
Details shortly…