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.”

    Loading

    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    Your email address will not be published.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

    News

    Federal Government has warned telecommunications operators to improve service quality or face regulatory sanctions, stating that recent reforms have stabilized the sector and removed...

    Tech

    Dr. Obioha Oti, National President of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), has described agency banking as Nigeria’s most...

    E-Financial

    Transnational Corporation Plc (“Transcorp Group” or the “Company”) (NGX: TRANSCORP), Africa’s leading listed conglomerate with strategic investments in power, hospitality and energy, has declared...

    News

    A Turkish Airlines passenger aircraft carrying 288 people caught fire shortly after landing at Tribhuvan International Airport in Kathmandu, Nepal, on Monday, prompting an...