The Federal Government has explained that the N3 trillion recurrent component of the N6.2 trillion supplementary budget would largely be used to fund the new national minimum wage.
Minister of Budget and National Planning Atiku Bagudu made this known while addressing the House of Representatives Committee on Appropriation.
Bagudu added that the balance of N3.2 trillion, which is the capital component of the supplementary budget, was an addition to the fund meant for key road, rail, water, irrigation, and dam projects in the 2024 fiscal year.
The Federal Government has explained that the N3 trillion recurrent component of the N6.2 trillion supplementary budget would largely be used to fund the new national minimum wage.
Minister of Budget and National Planning Atiku Bagudu made this known while addressing the House of Representatives Committee on Appropriation.
Bagudu added that the balance of N3.2 trillion, which is the capital component of the supplementary budget, was an addition to the fund meant for key road, rail, water, irrigation, and dam projects in the 2024 fiscal year.
