The President, Muhammadu Buhari has signed the 2022 appropriation bill into law.

The bill was signed today, Friday at an event which held at the Council Chamber of the Presidential Villa, Abuja.

The appropriation bill was presented to Buhari by his Senior Special Assistant (Senate) on National Assembly Matters, Senator Babajide Omoworare.

The President was flanked by the President of the Senate, Ahmed Lawan; and the Speaker of the House of Representatives, Femi Gbajabiamila; while signing the bill into law.

The national had, one week ago, passed the appropriation bill and transmitted it to the president.

Before passing the Bill, the two chambers had increased the budget spending by N735.8 billion from the proposed N16.391tn to N17.126 trillion. They also raised the oil benchmark from $57 per barrel proposed by the executive to $62.

 

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