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Buhari to sign 2022 Appropriation Bill into Law December 31st

Last updated: December 28, 2021 2:48 pm
3 years ago
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President Muhammadu Buhari will on Friday December 31st 2021 sign the 2022 Appropriation bill into law.

The President is expected to sign the bill by 10am.

Senior Special assistant to the president on media and publicity Garba Shehu who confirmed this to Journalists in Abuja On Tuesday said the national assembly has transmitted the bill to the President for his assent.

This comes barely a week after lawmakers in the House of Representatives and Senate chambers of the National Assembly passed a budget of N17.126 trillion, increasing the benchmark price of crude from $57 to $62 per barrel.

Also read: Electoral Act: Fifth time Buhari declines accent to Amendment Bill

The two chambers also 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.

Editor: Paul Akhagbemhe

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