Home National Senate passes budget of N17.12trn, adjourns till January 2022 (Budget details)

Senate passes budget of N17.12trn, adjourns till January 2022 (Budget details)

Barely one hour after passing the 2022 national budget, the Nigerian Senate, on Wednesday adjourned plenary till January 18, 2022, for Christmas break.

This was announced by the President of the Senate, Dr. Ahmad Lawan, after the Senate reconvened plenary to approve votes and proceedings of the sitting earlier held, to pass the budget for the 2022 fiscal year.

The Senate passed a budget of N17.12tr, as against the N16. 3tr proposed by President Muhammad Buhari in October, 2021, recording a huge difference of about N800bn.

Chairman of Senate Committee on Appropriation, Senator Barau Jibrin, while presenting the report at the plenary, said the revenue projection for the 2022 budget was predicated on the Medium Term Expenditure Framework/Fiscal Strategy Paper approved by the National Assembly.

Chinweuba Anyaragbuhttps://cdanewsonline.com
BEST SELLING BLOG THEME OF ALL TIMES. Follow us for more breaking news . Share,, like and Comment on our contents


Please enter your comment!
Please enter your name here

Most Popular

Major 10 News Update You Need To Know This Thursday Morning

Good morning! Here is today’s summary from Nigerian Newspapers: 1. Aminu Muhammad, a student of Federal University Dutse (FUD), has been remanded in prison over...

Buhari Govt A Colossal Failure – Nigerians Rate APC’s Chances In 2023

With the 2023 general elections less than three months away, many Nigerians are in displeasure against the current administration and ruling All Progressives Congress,...

CDA News CEO Chinweuba Anyaragbu welcomes you all to the month December

The CDA News welcomes you to the month on December. Happy new month to all our Readers,Viewers and sponsors. We shall continue to serve you better. Keep...

National Sports Festival opening ceremony holds today in Asaba

The opening ceremony of the 21st National Sports Festival will hold today at the Stephen Keshi Stadium, Asaba, Delta State. All 36 States and Federal...

Recent Comments