Connect with us

    Hi, what are you looking for?

    Politics

    National Assembly Transmits 2022 Budget to Buhari for Assent

    The national assembly has transmitted the 2022 budget to President Muhammadu Buhari for assent.

    Recall that the two chambers of the national assembly had increased the budget spending by N735.8 billion from the proposed N16.391tn to N17.126 trillion. They also raised oil benchmark from $57 per barrel proposed by the executive to $62.

    Ojo Amos, clerk to the national assembly also signed the accompanying letter forwarded to the President on Friday December 24.

    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.

    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.”

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    Oil and Gas

    Leading oil and gas experts in Nigeria have called for the full adoption of digital technologies to overcome the complex challenges facing the country’s...

    News

    Russia’s Finance Ministry announced on Wednesday, September 24, that it plans to raise the country’s value-added tax (VAT) to help finance the ongoing war...

    Tech

    Lagos State has reaffirmed its position as Africa’s leading technology and innovation hub following the successful hosting of the GITEX Nigeria Tech Expo, Future...

    Tech

    Kashifu Inuwa, Director General of the National Information Technology Development Agency (NITDA), has said Nigeria’s collaboration with the Japan International Cooperation Agency (JICA) is...