Mr Buhari said he signed the budget 'to enable its implementation to commence without delay, considering the imminent transition process to another democratically elected government.'
The budget was signed about six days after it was passed by the National Assembly.from N20.5 trillion as proposed by the president to N21.83 trillion – showing an increase of over N1.3 trillion.
He also said the National Assembly introduced new projects into the 2023 budget proposal for which it has appropriated N770.72 billion. And increased the provisions made by Ministries, Departments and Agencies by N58.55 billion. ”It is clear that the National Assembly and the executive need to capture some of the proposed additional revenue sources in the fiscal framework. This must be rectified.”
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