President Muhammadu Buhari is scheduled to present the 2022 Appropriation Bill to a joint session of the Senate and House of Representatives on Thursday, 7th October.
The Deputy President of the Senate, Ovie Omo-Agege, announced this today in the Senate Chamber of the National Assembly in Abuja while presiding over the plenary as the Senate President, Ahmad Lawan, who is in Akwa Ibom state to commission the 25km Uyo-Ikot Ekpene Road was absent.
Prior to the announcement, Senator Omo-Agege informed the lawmakers that President Buhari has submitted the revised 2022-2024 Medium Term Expenditure Framework MTEF and Fiscal Strategy Paper (FSP).
President Buhari, In a letter addressed to the Senate, urged the lawmakers to approve the planning documents which he said would form the basis and assumptions in the 2022 budget. He also stated that the revision reflected the new fiscal terms in the recently enacted Petroleum Industry Act and the 2022 Appropriation Bill.
This revision will include funds for the Independent National Electoral Commission (INEC) to prepare for the 2023 general elections. It also has provisions for hazard allowance for health workers, wage adjustment for workers, and funds for the population and housing census in 2022.
The present administration has made effort to ensure the appropriation bill for the following year is promptly submitted, as part of its commitment to the January to December budget cycle.
