President Buhari To Present Nigeria’s 2022 Budget To National Assembly On Thursday

President Buhari To Present Nigeria's 2022 Budget To National Assembly On Thursday
President Muhammadu Buhari and The Nigerian National Assembly

Nigerian President Muhammadu Buhari, is set to present to the joint seating (session) of lawmakers at the National House of Assembly, the 2022 Appropriation Bill on Thursday. reports

This was made public by the Nigerian Deputy Senate President, Senator Ovie Omo-Agege, during a plenary session at the Senate chamber in Abuja (FCT), on Tuesday.

Before the announcement was made, the Deputy Senate President, Omo-Agege, informed the house that the President had submitted the revised 2022-2024 Medium Term Expenditure Framework MTEF and Fiscal Strategy Paper (FSP) to the National Assembly.

In a letter sent to the Nigerian Senate, President Buhari urged the house to approve the planning documents which he claimed would form the basis and assumptions in the 2022 economic budget.

President Buhari made it known that the revised document reflects the new fiscal policy which was recently enacted into the Petroleum Industry Act and also the 2022 Appropriation Bill.

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The President also claimed that the revision would reflect funding for the Independent National Electoral Commission (INEC) in preparation for the coming 2023 general elections.

He further explained that the revision also contains provisions for hazard allowance to health workers, wage adjustment for workers, and funds for the 2022 population and housing census.

The President Muhammadu Buhari administration has been making efforts to ensuring that the 2022 Appropriation Bill is submitted early to the National Assembly for approval, as part of the administration’s commitment to the January-December budget cycle.

About Amadu Victor Oluwadamilare 707 Articles
Amadu Victor Oluwadamilare is the CEO/Founder of Ayoki News Media, an international informative media platform, aimed at dispensing good and reliable source of information.

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