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2023 Appropriation Bill: President Buhari Presents N20.5trn Budget To NASS



President Muhammadu Buhari is at the National Assembly, presenting the proposed N19.76 trillion budget for the 2023 financial year.

The budget, which would be the last presented by the Buhari administration, is about 15.37 per cent higher than the amount budgeted in 2022.

According to the president, this 8th budget is tagged the budget of Fiscal Sustainability and transition.

Buhari while addressing members of the parliament noted that the 2023 transition budget was designed to address critical issues and lay a solid foundation for the incoming administration.

Recall that the Senate President, Ahmad Lawan and Speaker of the House of Representatives, Femi Gbajabiamila during plenary on Tuesday read a letter forwarded by President Buhari concerning the presentation.

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The letter from the president partly states, “This is to inform the House that I will 10:00 am on Friday, 7th October 2022, formally present the 2023 appropriation bill to a joint session of the National Assembly.

“Please accept, Mr Speaker, the assurances of my highest regards. I look forward to addressing the joint session.”

Lawan after reading the letter disclosed that President Buhari will address the joint session of parliamentarians.

Details Later…

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