Featured Finance

Subsidy: Buhari transmits N3trn supplementary budget to National Assembly

President Muhammadu Buhari, on Tuesday, transmitted a supplementary budget of N3trillion to the National Assembly for consideration and passage.

The amount included N2.557trillion meant to provide subsidy on petroleum products from June to December 2022.

This is contained in a letter from the President and read on the floor at plenary by the Senate President, Ahmad Lawan.

Buhari also requested the federal parliament to review the Finance Act 2021.

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