NIGERIAN PRESIDENT TO PRESENT 2022 BUDGET TO NATIONAL ASSEMBLY ON THURSDAY

http://www.sunbight.com

PRESIDENT Muhammadu Buhari of Nigeria shall formally submit the 2022 budget to the National Assembly on Thursday, 7 October, 2021.

The notification was revealed by the country’s Deputy Senate President Ovie Omo-Agege, who also disclosed that President Buhari has sent a letter seeking some changes in the recently passed Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).

The Deputy Senate President who was in charge of plenary referred the letter to the Senate Joint Committee on Finance for further deliberations, requesting for a speedy action and report by next plenary on Wednesday.

President Buhari has written to the National Assembly stating that the changes he is demanding for approval in the MTEF/FSP, is in accordance with the newly enacted Petroleum Industry Act (PIA).♧

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