The signing ceremony took place at the Council Chambers, Presidential Villa, Abuja, on Friday, December 31.

Speaking at the ceremony, the president said, “The 2022 budget that I just signed into law provides for aggregate expenditures of N17.127 trillion, an increase of N735.85 billion over the initial Executive Proposal for a total expenditure of N16.391 trillion.

N186.53 billion of the increase however came from additional critical expenditures that I had authorized the minister of finance, budget and national planning to forward to the national assembly. “

By Sydney

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