JUST IN: Presidency Discloses When Buhari Will Sign 2022 Budget
The Presidency has disclosed that President Muhammadu Buhari is slated to sign the 2022 Appropriation Bill on Friday. Information Guide Nigeria
Mr Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, who confirmed this on Tuesday in Abuja, said the 2022 budget has been transmitted by the National Assembly and the President will sign the bill into law by 10am on Friday. BLUEPRINT reports.
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This comes barely a week after lawmakers in the House of Representatives and Senate chambers of the National Assembly passed a budget of N17.126 trillion, increasing the benchmark price of crude from $57 to $62 per barrel. jamb results
The two chambers also increased the budget spending by N735.8 billion from the proposed N16.391tn to N17.126 trillion. They also raised the oil benchmark from $57 per barrel proposed by the executive to $62.