President Muhammadu Buhari on Tuesday tendered a modification of the 2022 Appropriation Act to the National Assembly.

This contained in a letter titled, “Submission of the 2022 Appropriation Amendment Proposal,” which budgeted N2.557 trillion for the fee of fuel subsidy.

The President of the Senate, Ahmad Lawan, and the Speaker of the House of Representatives, Femi Gbajabiamila read the letter in their respective chambers during plenary sessions.

An excerpt from the letter read, “As l indicated on the signing of the 2022 Appropriation Act, I ahead herewith the Proposals for the modification of the 2022 Appropriation Act (as detailed in Schedules I-V), for the type attention and approval through the Senate.

“It has become necessary to present this amendment proposal considering the impacts of the recent suspension of the Petroleum Motor Spirit (PMS) subsidy removal and the adverse implications that some changes made by the National Assembly in the 2022 Appropriation Act could have for the successful implementation of the budget.

“It is equally important to reinstate the N25.81 billion cut from the provision for the Power Sector Reform Programme in order to meet the Federal Government’s commitment under the financing plan agreed with the World Bank.

READ MORE: We’ve begged God to take Tinubu down, he doesn’t mean well for us – Aregbesola

“The Appropriation Amendment request is for a total sum of N106,161,499,052 (One hundred and six billion, one hundred and sixty-one million, four hundred and ninety-nine thousand, and fifty-two Naira only) for Capital Expenditures and N43,870,592,044 (Forty-three billion, eight hundred and seventy million, five hundred and ninety-two thousand, and forty-four Naira only) for Recurrent Expenditures. I, therefore, request the National Assembly to make the above amendments without increasing the budget deficit. I urge you to roll back some of the N887.99 billion of projects earlier inserted in the budget by the National Assembly to accommodate these amendments.

“However, following the suspension of the PMS subsidy removal, the 2022 Budget Framework has been revised to fully provide for PMS subsidy. An additional provision of N2.557 trillion will be required to fund the petrol subsidy in 2022. Consequently, the Federation Account (Main Pool) revenue for the three tiers of government is projected to decline by N2.00 trillion, while FGN’s share from the Account is projected to reduce by N1.05 trillion. Therefore, the amount available to fund the FGN Budget is projected to decline by N969.09 billion.”

RELATED ARTICLESMORE FROM AUTHOR

42 COMMENTS

  1. you’re really a good webmaster. The site loading speed is incredible. It seems that you’re doing any unique trick. In addition, The contents are masterwork. you have done a fantastic job on this topic!

  2. Simply wish to say your article is as astonishing. The clearness in your post is just spectacular and i could assume you are an expert on this subject. Fine with your permission let me to grab your feed to keep updated with forthcoming post. Thanks a million and please keep up the rewarding work.

  5. It’s time, so you may come back a deurae poems and preoccupied to the miles should have guessed that the crazy idea didn’t.So, deet avoiding his eyes for an awkward face and back.”It’s early … and …” gave a slant at the that deet deuraema, went into the past him.”King is time to be gungel. …” “Oh, that, right.”

    https://andamenti.com/merit/ – 메리트카지노

  6. I heard the story at the table in the morning. Since yesterday’s incident, the relationship between them has become very awkward, but at the breakfast table, Drama brought up the word that she had to enter the royal palace with Sina. Thanks to this, Mr. and Mrs. Radan were amazed and delighted, and did not notice that Drama and Ditt had not said a word to each other all morning except for morning greetings.

    https://cremocream.com/merit/ – 메리트카지노

  7. “He return to his own world is … how much syerika” into the living room and what a de raemaga.Deet is embarrassment turns his head.” Taiwanese, syerika?The one who … or a friend of the “” … “” Oh … thinking of something else too silly question and the rest of it.Deet blushed.” That, yeah?Sina saenggakaget I’m very …”

    https://loastcoastranch.net/merit/ – 메리트카지노

  11. Knew that a woman with no pubic hair.. get a portion ‘This is what is this situation, which has seen the nobility from start to finish uimia neunji and sight, busy In a race against the temple to this time, they saw others wanted to tell.Rudeuraet looked back.”Sina!” or raise its head.The angry that the deep blue face and rudeuraet said.

    https://tedbirli.com/first/ – 퍼스트카지노

  12. “I think I’ve said this at an inn before!” Don’t attack the upper class! If you want to keep your life alive!” Sina looked angrily at Ludrat’s words. “That’s right! But as I said before, I don’t like things like that!” That person tried to kill Drat!” Ludat sighed and looked at the ceiling. How can you call Pionionion “him”? You have to leave the court and live.

    https://andamenti.com/first/ – 퍼스트카지노

  13. “Today is L’s Day.” Even if he really tried to kill me. Today, not in this place. Because some royal family… Even if it’s El Yazion. “Because on El’s Day, those who kill others cannot escape the curse of blood.” Sina did not understand for a moment, but she barely understood it. “What did you say?” Then… That person earlier…

    https://cremocream.com/first/ – 퍼스트카지노

  14. Action was just a simple threat…? However, it makes you see real blood…” “A little blood doesn’t kill you. Rather, the actions you did are closer to death. If the royal family decided to kill me, no matter how hard you try to stop me, I’ll definitely kill you. Actions like you only encourage the anger of the other person. So, don’t go out without knowing the situation, okay?”

    https://loastcoastranch.net/first/ – 퍼스트카지노

  16. Or I wondered if it was a ‘dream’. I think this is also a reality that will disappear when you blink — or a terrible dream you don’t even want to think about. How can I forget Sherika? For what reason? What’s wrong with my memory? Is he crazy about this environment that is different from reality? If I hadn’t met Sherika here… You’ll be Sherika forever.

    https://andamenti.com/coin/ – 코인카지노

  17. I would have forgotten. And I’ll go back to “Reality” alone… But Sina recalled what the girl said yesterday. “What is it? Is it reality?’ What is reality? Sina closed her eyes. More air bubbles leaked out of my mouth. I couldn’t breathe anymore. A human being. It’s been a while. It’s still warm… Touch it. That’s what we’re going to have?>

    https://tedbirli.com/coin/ – 코인카지노

  18. I can’t breathe, painful, but asked Cena is.Herr seems to see that the statue came to death.In front of someone could see a moving figure.But Cena is not surprised. and water, fire.Now, can have no kind of reassurance will accept, it’s just naturally be.’Who …?’

    https://cremocream.com/coin/ – 코인카지노

  19. “What are you doing in this water?”‘ Look! He’s talking to me. Eh? Eh?> Suddenly, a whirlpool hit the cigar or around the body, and thanks to this, the cigar no longer subsided. What? Look! Warmth! Did you talk to us? Really? Can you talk to us?> Blue and transparent hair–it looked like a stream of water–the small children of a transparent body untied.

    https://loastcoastranch.net/coin/ – 코인카지노

  20. A hard time and only, said.Maybe …This isn’t a dream.How do you can this be a dream? just one. …Desperate — so, what he wanted in the woods.No, actually …Been through his life.” you are …You? ” or chuckled.The sour.Yoona+Jessica and, full name is. …In our world, ‘castle’ that, it is.”or?” — No …Continue, and Aden Ciel … ”

    https://cremocream.com/ – 우리카지노

  21. You who call that name. Sina said when she saw Loudrat’s unconvincing expression. “That’s right. Is it weird that I have two names?” But in reality, that’s the name… I explained it, right? The reason why she didn’t tell me the name…” Sina bowed her head in a slightly awkward light and said. “…The name Adenciel. That’s why I liked it.

    https://loastcoastranch.net/ – 우리카지노

  25. To hear the cries of monsters?!”The Guardian, is should ask !!!” “Well, that’s right, Nellie !!!” Don’t you, Nellie stuck out with his owner’s belongings, like other maids, with The Guardian began to look for.And I happened, someone seuon aseunael of name began to sing.” seuon aseunael you — !!!Seuon aseunael you, do you — !!! ” she screamed.

    https://betgoca.com/sands/

  26. The Guardian your — NOW !!!! “I’m here !!! ” And the smoke from one ran away from the Guardian.With one’s sword from head to foot, he was fully armed, I vaguely suspected something, a maid, Nellie, and she said.”Where are you? !!!” ” on the outside, like, this !!!!Please, Please help me!Did you you would go out for a walk earlier, yo !!Come on in — !! ” pitch up grey eyes were shining.

    https://savewcal.net/sands/

  27. Is there a reason to find out? Moreover, where is the chin for an elderly person who drinks like this to go to a bar? The footsteps of Ju Seo-ho were moving to the clerk who put the waste bin aside. The clerk, who went close and just turned around, intercepted Joo Seo-ho’s opportunity to take his lips off. “Huh? Oh, old man! Oh, my. I went into a drinking bottle.

    https://savewcal.net/

  30. What’s Taking place i’m new to this, I stumbled upon this I have found It positively helpful and it has helped me out loads. I hope to give a contribution & aid different users like its helped me. Great job.

  33. Only a smiling visitant here to share the love (:, btw outstanding pattern. “Reading well is one of the great pleasures that solitude can afford you.” by Harold Bloom.

LEAVE A REPLY

Please enter your comment!
Please enter your name here