President Muhammadu Buhari has signed into law a budget of N21.83 trillion ($57.5 billion) for 2023.
Buhari signed the bill on Tuesday at the Council Chambers of the State House in Abuja.
The budget, which was passed by the National Assembly six days ago, represents an increase of N1.32 trillion from the previous proposal.
It includes N967.5 billion for statutory transfers, N6.6 trillion for debt servicing, N8.3 trillion for recurrent expenditure and N5.9 trillion for capital expenditure.
The budget was delayed for two weeks due to issues discovered by the Senate President.
This is the final appropriation bill for the 9th National Assembly, which aims to maintain the January to December budget cycle.
