President Buhari Signs 2023 Budget

by Oluwamuyiwa Oyedele

The President of Nigeria, Muhammadu Buhari has signed the 2023 budget into law.

The President assented the appropriation bill into law on Tuesday during a ceremony held at the council chamber of the Aso Rock Presidential Villa in Abuja.

Present at the signing of the 2023 budget were Vice President Yemi Osinbajo, Senate President Ahmad Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, and other members of the Federal Executive Council.

Buhari said his administration will continue to prioritize critical projects across the country even as his tenure gradually winds down.

Daily Report Nigeria recalls that the National Assembly had passed the Appropriation Bill in December 2022 after raising the N20.51 trillion proposed budget presented by President Buhari by N1.32 trillion to N21.82 trillion.

After meeting with the President last week, Lawan had said:

We are looking forward to Mr President signing the Appropriation Bill 2023, by the grace of God, on Tuesday.

“This because we signed the documents yesterday, having lost some time because of some anomalous figures we had in the bill presented to the National Assembly.

“But thank God, the National Assembly, in both chambers, has passed the Appropriation Bill 2023 on Wednesday, and I’m sure that Mr. President and his team, on the executive side will work on what we have done.

“And the first thing on Tuesday, the first official working day of the year, I believe that Mr. President will be signing the Appropriation Bill 2023.”

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