N’Assembly passes N21.8tn 2023 budget

 As Senate rejects Buhari’s request to restructure N22tn loan  Approves N819.54bn 2022 supplementary budget The National Assembly on Wednesday increased the 2023 budget proposal from N20.51tn to N21.82tn and passed it. The President, Major General Muhammadu Buhari, (retd) had on October 7, 2022, presented a budget proposal of N20.51tn to the parliament with a deficit of N10.782tn. The Appropriations Committees of both the Senate and House of Representatives said the N1.3tn increase in the budget size was due to the additional funding earmarked for the National Population Commission ahead of the planned 2023 census as well as the N173bn appropriated

By |December 29th, 2022|Categories: News|Tags: |0 Comments
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