Nigeria's President Requests $4 Billion Extra Funding for 2024 Budget

Jul 17, 2024, 03:35 PM

Nigeria's President Bola Tinubu has requested the Senate to approve an additional 6.2 trillion naira ($4 billion) in funding to address shortfalls in the 2024 national budget. The request aims to increase spending by as much as $3.8 billion to fund infrastructure projects and other priorities. The letter detailing this request was read to lawmakers, highlighting the need for increased financial resources to support various national initiatives.