Politics Now

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National Assembley

2024 budget clears second reading in House Of Representatives

The House of Representatives has given approval for the second reading of the 2024 budget, totaling N27.5tn. During the debate, Kafilat Ogbara, a representative from Kosofe Federal Constituency, Lagos State, emphasized the people-centric nature of the budget, aiming to enhance the lives of Nigerians.

Members also called for increased allocations to sectors like education and health. Obinna Ginger, a Labour Party representative, advocated for a higher budgetary allocation to education, citing concerns that the current allocation falls below the UNESCO benchmark of 26%.

The second reading is a stage where the merits of the bill are debated before further consideration in the committee stage.