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Sunday, March 26, 2023

Buhari Submits N2.5trn Supplementary Budget To NASS

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President Buhari on Tuesday submitted the 2022 Appropriation amendment proposal to the National Assembly.

The amendment proposal is contained in a letter from the President which was read during the plenary.

Senate President Ahmad Lawan and Speaker of the House of Representatives Femi Gbajabiamila read the letter in their respective chambers.

In the letter, President Muhammadu Buhari said the amendment is necessary to accommodate some issues in the country including Petroleum Subsidy which must be considered.

In the letter, President Buhari is asking the National Assembly to approve the sum of N2.557 trillion supplementary budget for petrol subsidy from July to December 2022.

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