On the 23rd of March, the upper legislative chamber instructed its standing committees to turn-in their reports on the appropriation bill.
The budget presented by the President was raised by additional N500 billion, from N8.6 trillion to N9.1 trillion.
The same version of the report was presented in the Senate and House of Representatives.
Yesterday, Minister of Finance, Mrs Kemi Adeosun, disclosed that government was closing the 2017 budget with N1.5 trillion spent on capital expenditure.
The new budget size was contained in the report of the joint Senate and House of Representatives Committee on Appropriation laid before lawmakers in Abuja on Tuesday.
The Chairman of the committee, Sen.
A breakdown of the total budget of n9.120 trillion shows that the sum of n530 billion is allocated for statutory transfer while n2.2 trillion is earmarked to service Nigeria's debt.
"For the first time, the National Assembly with consultation with the Executive implement the National Health Act which provides at least 1% of the amount in the Consolidated Revenue Fund (CRF) should be devoted to health sevices".
He added that the increment will allow for a N50.88 billion deficit reduction.
Another n106.50 billion is to be applied as intervention in the power, works and housing sector while education particularly for infrastructure for 12 newly established universities and meal subsidy in unity schools.
The 2018 budget is Nigeria's highest budget estimate ever.
Mustapha Dawaki (APC, Kano), also laid the report.
N2,203,835,365,699 for Debt Servicing, N190 billion for Sinking Fund for maturing loans; N3,512,677,902,077 for Recurrent (non debt) Expenditure while N2,873,400,351,825 as contributiom to the development fund for Capital Expenditure as against N2,427,665,113,222 earlier proposed.