The federal executive council (FEC) has approved N27 trillion budget proposal for 2024.
FEC gave the approval on Monday at the weekly executive meeting presided over by President Bola Tinubu.
The president will present the budget to the national assembly in a few days’ time.
On October 16, Atiku Bagudu, minister of planning and budget, announced that the federal government proposed N26 trillion for the 2024 budget.
He told State House correspondents that the budget proposal would be submitted to the national assembly before December 31.
Speaking on Monday, the minister said details of the budget would be released when President Bola Tinubu presents the proposal to the national assembly next week.
He said the 2024-2025 medium-term expenditure framework (MTEF) which has been passed by the national assembly was further reviewed.
