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Nigerian Senate Passes 2022 Budget, Increases It By N1TRN

Posted by Amarachi on Wed 22nd Dec, 2021 - tori.ng

The version of the budget passed by the Senate contained estimates of N17,126,873,917,692, as against the N16,391,023,917,692 proposed by President Buhari in October.

Senate

Nigerian Senate Passes 2022 Budget, Increases It By N1trn

The Nigerian Senate has passed the 2022 appropriation bill on Wednesday, December 22.

President Muhammad Buhari had on the 7th October 2021, presented the budget estimates to the joint session of the National Assembly.

The version of the budget passed by the Senate contained estimates of N17,126,873,917,692, as against the N16,391,023,917,692 proposed by President Buhari in October.

This is coming barely one week after the Senate failed to pass the budget as promised.

Details shortly…