The National Assembly has transmitted the 2022 Appropriation Bill to President Muhammadu Buhari for assent.
The House of Representatives and the Senate passed the federal government’s budget on Tuesday and Wednesday last week, respectively, raising the total estimates from the proposed N16.391tn to N17.126tn.
The oil benchmark was raised from the proposed $57 per barrel to $62.
President of the Senate, Ahmad Lawan, had said the budget would be transmitted to Buhari by Thursday.
A communication from the Clerk to the National Assembly, Ojo Amos, to the Presidency, a copy of which our correspondent sighted on Tuesday, showed that the budget was transmitted on Friday and received by the Office of the Chief of Staff to the President on Saturday.
The letter of transmission, with Reference Number NASS/CNA/37/Vol.1/35, was addressed to the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria and titled ‘APPROPRIATION BILL, 2022.’
#Verity News
