NewsNigeriaPoliticsNational Assembly transmits 2022 budget to Buhari

The National Assembly has submitted the 2022 budget to President Muhammadu Buhari for assent.

The clerk to the national assembly, Ojo Amos, signed the accompanying letter presented to the president on Friday.

The President had presented the 2022 budget to the national assembly in October and the house of representatives and senate passed the appropriation bill on Tuesday and Wednesday, respectively.

“In consonance with the provisions of the Acts Authentication Act Cap. A2, Laws of the Federation of Nigeria, 2004, I wish, with due respect, to forward to Your Excellency, the authenticated copies of Appropriation Bill, 2022, for your consideration and assent.

“After Your Excellency’s assent, one copy of the signed bill should be retained in your office while the other two are to be returned for our further action, please,” the letter read.

The chambers raised the budget spending by N735.8 billion from the proposed N16.391tn to N17.126 trillion.  Also, they increased the oil benchmark from $57 per barrel proposed by the executive to $62.

Beloved John (Staff Writer)

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