Yusuf Bello| President Muhammadu Buhari on Tuesday submitted the 2022 Appropriation Act amendment proposal to the National Assembly.
The President earmarked the sum of N2.557 trillion for fuel subsidy, in a six-page letter he sent to the House.
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.
Senate President Ahmad Lawan and Speaker of the House of Representatives Femi Gbajabiamila read the letter in their respective chambers.
According to the letter, the amendment, Buhari said, is necessary to accommodate some issues in the country including Petroleum Subsidy which must be considered.
He also asked the National Assembly to review the Finance Act 2021.
The President, in the letter, said it was imperative to remove all capital projects that were replicated on the 2022 Appropriation Act.
The Senate had in December passed the 2022 budget of N17.126 trillion, jerking the appropriation bill by N735.8 billion.
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