President Muhammadu Buhari on Tuesday received the 2022 Appropriation Bill from the National Assembly.
Naija News recalls that the National Assembly had last week Tuesday and Wednesday passed the budget after raising the total estimates from the proposed N16.391tn to N17.126tn.
It also rained the oil benchmark from the proposed $57 per barrel to $62.
According to The PUNCH, a communication from the Clerk to the National Assembly, Ojo Amos, disclos that NASS sent the budget to the presidency on Friday and it was received by the Office of the Chief of Staff to the President 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.’
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.”
Buhari is expected to assent to the 2022 budget by Saturday, Naija News understands.
This article was originally published on Naija News