Home Finance President Buhari Urges National Assembly To Approve N2.557 Trillion Supplementary Budget For Petrol Subsidy

President Buhari Urges National Assembly To Approve N2.557 Trillion Supplementary Budget For Petrol Subsidy

by Nwani Chisom
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Oyogist has learned that President Muhammadu Buhari is currently seeking fresh N2.557 Trillion supplementary budget for petrol subsidy from July to December 2022.

The president Disclosed this in a letter sent to the national assembly, insisting that the supplementary budget had become necessary, as there was need to restore provisions for key projects, which was slashed by the National Assembly.

Buhari, in the letter, said it was imperative to remove all capital projects that were replicated in the 2022 Appropriation Act.

Meanwhile, 139 out of the 254 projects in the budget totalling N13.24 billion had been identified by the president for deletion.

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