JUST IN: Buhari to sign 2022 budget Friday

Funmilayo Ayanwusi
1 Min Read

The President, Major General Muhammadu Buhari (retd.) will sign the 2022 Appropriation Bill on Friday, the Presidency has confirmed.

The Senior Special Assistant to the President on Media and Publicity, Mr Garba Shehu, confirmed this on Tuesday in Abuja.

According to him, the 2022 budget has been transmitted by the National Assembly and the President will sign the bill into law by 10am.

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.

The document, with reference number NASS/CNA/37/Vol.1/35, indicated that the budget was transmitted last Friday and received by the Office of the Chief of Staff to the President on Saturday.

It read, “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.

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