Buhari Sends N2.5trn Supplementary Budget Proposal To The National Assembly

President Muhammadu Buhari has sent another Budget Proposal of the sum of N2.557 trillion to the National Assembly.

The amendment proposal is in a six-page letter forwarded to the House on Tuesday.

In the letter, President Buhari requested that the National Assembly approve the sum of N2.557 trillion supplementary budget for petrol subsidy from July to December 2022.

Senate President Ahmad Lawan and Speaker of the House of Representatives Femi Gbajabiamila read the letter in their respective chambers.

The President further said that the amendment is paramount to accommodate certain issues in the country such as Petroleum Subsidy which must be considered.

He also asked the National Assembly to review the Finance Act 2021.