Senate passes 2022 budget

The Senate has passed the 2022 budget of N17.126 trillion against N16.391 trillion naira as presented by President Muhammadu Buhari.

N3.8 trillion is said to be for debt service, N6.9 trillion for recurrent non-debt expenditure while N5.4 trillion is for capital expenditure.

The benchmark price of crude was pegged at 57 to 62 dollars per barrel in the budget, and it is expected there will be an increase in revenue.

Related posts

3 killed as hoodlums invades Uzodimma’s country home with petrol bomb – Imo Police


NNPCL uncovers over 4,800 illegal connections on oil pipelines in Nigeria, Says Refineries are not created to reduce fuel price – Kyari


NAFDAC cautioned Nigerians against the use of Weight Rapid Loss Capsule


Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More