The Federal Executive Council has approved N27.5 trillion aggregate expenditure for the 2024 Appropriation Bill.
This was disclosed to journalists by the Minister of Budget and National Planning, Alhaji Atiku Bagudu after the FEC meeting presided over by President Bola Tinubu at the State House, Abuja, on Monday. Bagudu said the targeted revenue for next year is N18 trillion.
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Bagudu revealed that the Medium Term Expenditure Framework (MTEF), which had been passed by the National Assembly, was further reviewed.