BREAKING: Buhari Signs 2023 Budget Into Law

AMILOADED MEDIA HUB NEWS UPDATE

President Muhammadu Buhari on Tuesday in Abuja signed into law the 2022 Appropriation Bill and the 2022 Finance Bill.

The President signed the documents in the Presidential Villa in the presence of Senate President, Ahmed Lawan; Speaker of the House of Representatives, Femi Gbajabiamila, and other members of the Federal Executive Council.

Speaking at the event, President Buhari said the 2023 Budget, just signed into law, provides for aggregate expenditures of N21.83 trillion, an increase of N1.32 trillion over the initial Executive Proposal.

The President said he signed the appropriation bill into law to enable implementation to commence without delay.

He directed the Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, to liaise with the National Assembly to effect the necessary amendment to the bill.

Details later…

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