The 2024 N28.7 trillion yearly budget, which was approved and signed into law, according to Senator Solomon Olamilekan Adeola of the Ogun West Senatorial District, is intended to combat hunger and poverty nationwide.
He encouraged Nigerians to maintain faith in President Bola Ahmed Tinubu’s administration, pointing out that lawmakers increased the budget to the amount that was approved in light of some important but unrelated concerns that needed to be addressed, one of which, he said, was the strategy for addressing hunger in the country.
Speaking to reporters on the fringes of a New Year’s Thanksgiving celebration on Wednesday in Ilaro, Yewa South Local Government area of Ogun State, Adeola, the Senate Committee on Appropriations Chairman, made this statement.
He was optimistic that conscious programs aimed at the impoverished would reduce hunger, and he added that President Bola Tinubu supported the notion and was trying to alleviate Nigerians’ financial hardships.
He claims that upon realizing how much attention both upper and lower house parliamentarians had paid to combating poverty, President Tinubu enthusiastically approved the budget into law.
He added that the nation will be focusing on food production and food security this year and that the 29.7 trillion budget that was signed into law included over N300 billion for the agricultural sector alone. This was a sign of the administration’s commitment to providing for the needs of Nigerians.
As you can see, the appropriations bill was signed into law by the president. It now totals N28.7 trillion, of which almost N300 billion is allocated to agriculture alone.
That essentially indicates that the current administration is committed to eradicating hunger in the nation and will be making significant efforts in the field of food production.
“We (the lawmakers) have done so much in the appropriations act that was just signed by Mr. President to ensure food security in Nigeria to end hunger in the land,” he added.
