President Muhammadu Buhari has signed the 2023 Appropriation Bill into law.

Buhari signed the 2023 transition budget of N21.83 trillion on Tuesday morning at the Council Chambers of the Presidential Villa, Abuja.

He signed the budget in the presence of Vice President Yemi Osinbajo, Senate President Ahmad Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, and other members of the Federal Executive Council.

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Speaking at the event, the President said his regime would speed up critical infrastructure projects nationwide as it raced toward the finish line on May 29, 2023.

He noted that the budget is N21.83 trillion aggregate expenditure, an increase N1.32 trillion over the initial executive proposal of N20.51 trillion.