Paschal Emeka, Abuja
President Muhammadu Buhari has signed the N21.8 trillion 2023 Appropriation Bill into law. Buhari disclosed this in a live broadcast on Tuesday.
He explained that the signing will avoid delays in the 2023 budget implementation.
He urged the National Assembly to reconsider the decision on his administration’s N23.7 trillion ‘ways and means’ loan request.
Also, Buhari tasked Ministries, Departments, Agencies, and institutions of government to gear up the revenue generation process.
“As this administration draws to a close, we will accelerate the implementation of critical measures aimed at further improving the Nigeria business environment and ensuring the welfare of our people,” he stated.
Recall that the National Assembly passed the budget for the 2023 fiscal year.
The budget was increased from N20.5 trillion, presented by Buhari in October, to N21.8 trillion.