Business

FG to spend N100 billion on school feeding programmes in 2024 

President Bola Tinubu has disclosed that the recently approved 2024 budget includes N100 billion allocation in school feeding programmes for school children across the country.  

 He made this statement during the signing of the 2024 appropriation bill into law in the State House in Abuja.  

The president stated that the provision will serve as a stimulant to encourage attendance in schools and reduce the problem of out-of-school children.  

The president also confirmed that the budget, christened “Renewed Hope” is anchored on reducing the recurrent expenditure, but increasing capital expenditure.  

The president noted that the budget also reflects his administration’s attempt to reduce the deficit from 6.11% to 3.88%.  

He said,