Nigeria’s President Muhammadu Buhari will on Friday present the 2023 appropriation bill of N19.76 trillion (about 45 billion dollars) to a joint session of the national assembly.

Special Adviser to the President, Femi Adesina disclosed this after the hybrid Council meeting which was presided over by President Buhari at the State House, Abuja.

He said the 2023 budget was prepared in tandem with extant Federal Government policies and guidelines as articulated in the 2023 Budget Call Circular and other relevant laws and regulations.

Buhari had in December 2021 signed the 2022 Appropriation Bill into law with aggregate expenditures of N17.127 trillion, an increase of N735.85 billion over the initial Executive Proposal for a total expenditure of N16.391 trillion.