President Muhammadu Buhari, on Tuesday, signed the 2023 appropriations bill into law.
The president signed the 2023 transition budget on Tuesday morning at the Council Chambers of the Presidential Villa, Abuja, in the presence of Vice President Yemi Osinbajo, Senate President Ahmed Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, as well as other members of the Federal Executive Council.
Buhari who spoke during the signing ceremony added that his regime would speed up critical infrastructure projects nationwide as it raced toward the finish line on May 29, 2023.
He mentioned that the budget is N21.83 trillion aggregate expenditure, an increase N1.32 trillion over the initial executive proposal of N20.51 trillion.
The Senate President, Ahmad Lawan, told newsmen at the weekend after a closed-door meeting with Buhari at the Presidential Villa, Abuja, that the President would sign the 2023 budget on Tuesday.
Lawan said, “We are looking forward to Mr President signing the Appropriation Bill 2023, by the grace of God, on Tuesday.
“This is 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.”
He noted that the National Assembly, in both chambers, passed the Appropriation Bill 2023 on Wednesday, adding that he was confident that President Buhari and his team, on the executive side would work on what the national assembly has done.
According to him, the first thing on Tuesday, the first official working day of the year, he believed the president would sign the Appropriation Bill 2023 into law.
Details later…