{"id":12975,"date":"2023-12-30T19:44:50","date_gmt":"2023-12-30T19:44:50","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=12975"},"modified":"2023-12-30T19:44:50","modified_gmt":"2023-12-30T19:44:50","slug":"national-assembly-passes-2024-budget","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2023\/12\/30\/national-assembly-passes-2024-budget\/","title":{"rendered":"National Assembly Passes 2024 Budget"},"content":{"rendered":"<p>The Senate passed the 2024 budget with a significant increase of about N1.2 trillion, raising it from N27.5 trillion to N28.7 trillion.<\/p>\n<p>The oil price benchmark was set at $77.96 per barrel, with an approved oil production rate of 1.78 million barrels per day and an exchange rate of N800 to a US dollar.<\/p>\n<p>The GDP growth rate was pegged at 3.88%, and the budget deficit was approved at N9.18 trillion.<\/p>\n<p>The passage followed the consideration of a report presented by Chairman of the Senate Committee on Appropriations, Adeola Olamilekan, who recommended allocations for statutory transfers, debt service, recurrent expenditure, and capital expenditure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Senate passed the 2024 budget with a significant increase of about N1.2 trillion, raising it from N27.5 trillion to N28.7 trillion. The oil price benchmark was set at $77.96 per barrel, with an approved oil production rate of 1.78 million barrels per day and an exchange rate of N800 to a US dollar. The [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":12976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-12975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/12975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=12975"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/12975\/revisions"}],"predecessor-version":[{"id":12977,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/12975\/revisions\/12977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/12976"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=12975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=12975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=12975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}