The Senate spokesperson, Yemi Adaramodu, has revealed that the Bola Tinubu-led government is finalizing a N6.6 trillion supplementary budget, which will be submitted to the National Assembly following its resumption on July 2.
According to him, the proposed supplementary budget aims to fund several key transformational projects across the country.
Among the highlighted projects are the Lagos-Calabar Coastal Road and the proposed Sokoto-Badagry Road.
He further stated that the budget will allocate funds for the completion of all ongoing railway projects that currently lack counterpart funding.
”Furthermore, the supplementary budget will support the rehabilitation and expansion of dams and irrigation schemes.
”These enhancements are intended to boost agricultural production and contribute to the broader economic growth of the nation,” he said.
Adaramodu emphasized that the budget is still under computation by the executive but assured that it will be forwarded to the National Assembly promptly after their session resumes.
