What's The Budget For Bola Tinubu 2023

By Akpan

What's The Budget For Bola Tinubu 2023

Based on the real-time information, here are some details related to the budget for Bola Tinubu:

- A chieftain of the All Progressives Congress, Adamu Garba, claimed that the national budget under Bola Ahmed Tinubu's presidency would be between N50 - N100 trillion.
- Buhari's food budget for Tinubu and his deputy is N331.79 million and N176.92 million respectively.
- Tinubu promised to allocate 25% of the annual budget for education and 10% for healthcare.
- Tinubu administration passed the budget of the Federal Capital Territory Administration with estimates totaling N579,693,907,532.
- The budget deficit has risen by 370.54% from 2016 to 2023, and the cost of debt servicing has exceeded public revenues.
- Tinubu believes that deficit budget, if well deployed, is not necessarily bad.
- The administration of President Bola Ahmed Tinubu has discontinued funding of professional bodies and councils from 2026 onwards.
- Tinubu stated that there is no provision for fuel subsidy in the budget, indicating its removal.
- Nigeria's new President, Bola Tinubu, vowed to expand the economy by at least 6% per year.

Please note that these details are based on the available information, and the actual budget for Bola Tinubu may vary.

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