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The Nigeria National Assembly to transmit 2022 budget on Thursday

The new year’s budget will be transmitted to the President for assent on Thursday.

National Assembly to transmit 2022 budget on Thursday

The Nigeria National Assembly to transmit 2022 budget on Thursday

Ahmed Lawan, the Senate President has declared that the 2022 Appropriation Bill will be transmitted to President Muhammadu Buhari on Thursday to secure his assent.

The announcement came on Tuesday before the chamber went on recess. The Senate President highlighted the advantages of timely passing of bills in order to achieve the aims for which they are designed in a timely fashion.

He predicted that the timely processing of the budget will also mean that its implementation will start as early as January next year for the good of the nation’s economy.

He explained in his statement: “For the 2022 Appropriation bill, we are expecting that the bill will be cleaned up between today and tomorrow, and we hope that by tomorrow, the bill will be sent to Mr. President for his assent.

“[And] we are very optimistic that Mr. President will assent to the bill, as he did for 2020 and 2021 so that by January 2022, the implementation of the budget 2022 will commence by the grace of God,” he continued. “We have seen the benefits of passing and assenting to the budget in good time, especially when we had to fight COVID-19.

“The consequence of the implementation of the budget in 2021 and 2020 was very clear. For us to come out of the recession that we found ourselves in the previous period, we must have had the fortune of passing the budget and getting Mr. President to sign on time.”

Updated: December 23, 2021 — 5:42 pm

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