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National Assembly Transmits 2022 Budget To Buhari

December 28, 2021
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The National Assembly has transmitted the 2022 Appropriation Bill to President Muhammadu Buhari for assent.

It could be recalled that House of Representatives and the Senate passed budget last week days after the other.

READ ALSO: CBN, EFCC, Others To Shutdown Money Lenders Harassing Nigerians

The Lawmakers raised the total estimates from the proposed N16.391 trillion to N17.126 trillion.

The oil benchmark was raised from the proposed $57 per barrel to $62.

The 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, Prof. Ibrahim Gambari, 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.”

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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.

“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.

“With my highest regards.”

 

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