Overview

The document is the '2023 Supplementary Appropriation Bill' of Nigeria, seeking authorization to issue ₦2,176,791,286,033 ($2.18 trillion) from the Consolidated Revenue Fund for the 2023 fiscal year. The allocation includes ₦18 billion for Statutory Transfers, ₦992.8 billion for Recurrent (Non-Debt) Expenditure, and ₦1.166 trillion for Capital Expenditure. Key provisions: the Accountant-General is authorized to release funds via warrants, amounts are appropriated per the attached Schedule, virements require National Assembly approval, and no funds can be released after December 31, 2023. The Bill comprises five sections: issue and appropriation, release of funds, virement, interpretation, and short title. The Schedule details allocations to specific entities: Statutory Transfers (INEC); Recurrent Expenditure (Ministry of Defence, Police, National Security Adviser, Agriculture, Service-Wide Vote); Capital Expenditure (State House, Defence, Police, National Security Adviser, State Services, Agriculture, Works, etc.). The Bill is sponsored by the Budget Office of the Federation.

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