Buhari Speaks on Changes Made by Lawmakers after Signing N17.126trn Budget

Buhari Speaks on Changes Made by Lawmakers after Signing N17.126trn Budget

  • President Buhari is worried over the changes the National Assembly made to the 2022 Appropriation Bill he submitted to them
  • Nevertheless, the changes did not stop the president from signing the bill into law on Friday, December 31, the last day of the year 2021
  • President Buhari was also happy that the lawmakers cooperated with his administration in ensuring a January-December budget cycle

Presidential Villa, Abuja - President Muhammadu Buhari has expressed concern over the changes made in the 2022 Appropriation Bill by members of the National Assembly.

The president said the changes are worrisome during the signing of the appropriation bill worth N17.126 trillion into law on Friday, December 31, Nigerian Tribune reported.

N17.126trn Budget: Buhari Speaks on Changes Made by Lawmakers
President Buhari said the changes made the National Assembly in the 2022 Appropriation Bill are worrisome. Photo credit: Bashir Ahmad
Source: Facebook

Legit.ng notes that the lawmakers, among other changes, raised the total estimates from the proposed N16.391 trillion to N17.126 trillion.

Read also

Breaking: Buhari signs 2022 budget, plans to spend all oil revenue on debt servicing and still wont be enough

The oil benchmark was also raised from the proposed $57 per barrel to $62 by the members of the ninth National Assembly.

PAY ATTENTION: Join Legit.ng Telegram channel! Never miss important updates!

Nevertheless, President Buhari commended members of the legislature for their cooperation in the reverting of the budget cycle to January-December.

Legit.ng gathers that the bill was presented to him by his senior special assistant (Senate), National Assembly, Senator Babajide Omoworare, at a ceremony at the Presidential Villa, Abuja.

The signing was witnessed by the president of the Senate, Ahmad Lawan; Speaker, House of Representatives, Femi Gbajabiamila; Secretary to the Government of the Federation (SGF), Boss Mustapha and the minister of finance, Budget and National Assembly, Zainab Ahmed.

Electoral amendment bill: Why senators dropped plot to override Buhari's veto

In another report, the Senate has reportedly dropped the plan to override President Buhari following his decision not to sign the Electoral Amendment Bill 2021.

Read also

President Buhari makes crucial appointment in federal agency

The senators abandoned the plan following overnight lobbying by six governors. It was gathered that the six governors, led by the Chairman of the Caretaker Committee of the ruling All Progressives Congress (APC), Mallam Mai Mala Buni, lobbied senators overnight to stay action on their plan.

Legit.ng gathered that the lobbying which started at about 9pm on Tuesday, December 22, ended at 5am on Wednesday, December 23.

Source: Legit.ng

Online view pixel