President Bola Tinubu has directed all ministries, departments and agencies (MDA) of the government to release monthly reports of their implementation of the 2024 budget to maintain an effective budget cycle.
The president made this statement on Monday in the State House in Abuja as he signed the appropriation bill into law.
The President, speaking as the bill was signed, assured Nigerians that the implementation of the budget would be efficiently pursued and vigilantly monitored.
The 2024 budget allocates N28.7 trillion with a focus on defence and internal security, job creation, macroeconomic stability, enhanced investment environment, human capital development, poverty reduction, and social security.
The president emphasised that his commitment to enhance investment promotion while creating a rules-based society that favours no individual over the law begins with important reforms in the Nigerian judiciary, the funding for which is captured in the 2024 Appropriation Act.
