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President Buhari To Present 2022 Budget To National Assembly


President MUHAMMADU BUHARI is expected to present the 2022 budget to a joint session of the National Assembly.

 

The Federal Executive Council on Wednesday had approved a 16.39 naira trillion budget.

 

At least, 5.012 naira trillion is to be financed by borrowing, raising concerns over the nation’s debt sustainability.

 

The Minister of Finance, ZAINAB AHMED, has said the government needs to borrow to finance “developmental projects in the form of roads, rails, bridges, power and water for sustainable development in this country.

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