Nigeria’s President Muhammadu Buhari on Friday presented before the two chambers of the National Assembly, the proposed N19.76 trillion (45billion dollars) budget for the 2023 financial year.

The N19.76 trillion budget which was presented by the president is the last he will present before his tenure elapses, and it is a 15.37 per cent increase from the amount budgeted in 2022.

According to president Buhari, the 8th budget has been tagged the budget of Fiscal Sustainability and transition.

Buhari while addressing members of the parliament noted that the 2023 transition budget was designed to address critical issues and lay a solid foundation for the incoming administration.