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Buhari sends N2.5tn Supplementary Budget Proposal to National Assembly
By Matthew Eloyi
President Muhammadu Buhari has sent a Supplementary Budget Proposal of the sum of N2.557 trillion to the National Assembly.
The amendment proposal is contained in a six-page letter sent to the House on Tuesday.
In the letter, President Buhari is asking the National Assembly to approve the sum of N2.557 trillion supplementary budget for petrol subsidy from July to December 2022.
The President of the Senate, Ahmad Lawan and Speaker of the House of Representatives, Femi Gbajabiamila read the letter in their respective chambers.
In the letter, President Muhammadu Buhari said the amendment is necessary to accommodate some issues in the country including Petroleum Subsidy which must be considered.
He is also asking the National Assembly to review the Finance Act 2021.