Friday, April 19

Buhari Set To Sign 2023 Budget On Tuesday – Lawan

Why some people are against me – Obi Why Some People Don’t Support Me – Peter Obi Peter Obi, the presidential candidate of the Labour Party, LP, has said that there will be danger if all Nigerians support his presidential bid. Obi however, stated that those who led the country to its present economic and socio-economic woes were the ones against his ambition. He said this in Enugu, the Enugu State capital shortly after he signed the condolence register of late President General of Ohanaeze Ndigbo, Prof. George Obiozor, at the National Secretariat of Ohanaeze. Obi said, “What is happening is that some people have different opinions, everybody should not support me and everybody will not support me. In fact, if everybody supports me, there is danger. Some will disagree. “Some people have a structure that has brought us to this juncture where we produce 133 million people who are poor; where our primary health care has collapsed; where we have 20 million out-of-school children; where we have almost 40 per cent unemployment, with 60 per cent youth unemployment, and where we have the highest youth job prevent in the world. “So, they will not support me but I urge all of us to remember that we need to build a new Nigeria. Nobody is against me, what people have is different opinion which is allowed in a democratic dispensation.” Commenting on the personality of the deceased Ohanaeze leder, the former governor of Anambra State who is the first to sign Obiozor’s condolence register at the secretariat, said his death was a loss to every Igbo person owing to his contributions to the progress of the Igbo nation. He said, “I feel very sad that he died this very trying time of our nation. If you know Prof Obiozor and his contributions over the years to our country, Nigeria and to the South-East, you will know that every Igbo person feels a sense of loss but we cannot question God.” Source: https://punchng.com/why-some-people-are-against-me-obi/   Buhari to sign 2023 budget on Tuesday, says Lawan Lawan Discloses When Buhari Will Sign 2023 Budget Buhari Set To Sign 2023 Budget On Tuesday – Lawan The 2023 appropriation bill will on Tuesday, January 3, 2023 be signed into law by President Muhammadu Buhari. This was disclosed by the Senate President, Ahmad Lawan, to state house correspondents after meeting with Buhari on Friday. This follows the passage of 21.83 trillion budget for the 2023 fiscal year by the house of representatives and senate. Both chambers of the national assembly increased the budget spending by N1.33 trillion from the proposed N20.51 trillion to N2.83 trillion. President Buhari had proposed $70 per barrel oil benchmark but the legislators while passing the medium-term expenditure framework (MTEF), raised it to $73 per barrel. Other parameters included daily oil production estimate of 1.69 million barrels (inclusive of condensates of 300,000 to 400,000 barrels daily) at exchange rate of N435.57/$. Also, the gross domestic product (GDP) growth rate was projected at 3.75 percent, with 17.16 percent inflation rate. The national assembly also passed the 2022 finance bill which aims to expand the tax net to increase revenue for the federal government. Lawan in an interaction with the press after the meeting said his discussions with Buhari was focused on the 2023 appropriation bill and the resent additional loan request. He regretted that the 2023 budget signing is coming a bit later than that of 2022 which was signed on December 31, 2021. The senate president said that the 9th Assembly had maintained January to December budget cycle but the one week delay experienced was due inconsistencies discovered by the lawmakers in the budgetary documents submitted by the executives. He also said the upcoming general elections were part of the national issues that were discussed. Lawan gave assurance that the legislature will back the Independent National Electoral Commission (INEC) with sufficient budgetary provisions to conduct a free and fair elections devoid of underfunding. Source: https://www.thecable.ng/just-in-buhari-to-sign-2023-budget-on-tuesday-says-lawan
Mary Ugwuanyi
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The 2023 appropriation bill will on Tuesday, January 3, 2023, be signed into law by President Muhammadu Buhari.

This was disclosed by the Senate President, Ahmad Lawan, to state house correspondents after meeting with Buhari on Friday.

This follows the passage of a 21.83 trillion budget for the 2023 fiscal year by the house of representatives and senate.

Both chambers of the national assembly increased the budget spending by N1.33 trillion from the proposed N20.51 trillion to N2.83 trillion.

President Buhari had proposed a $70 per barrel oil benchmark but the legislators while passing the medium-term expenditure framework (MTEF), raised it to $73 per barrel.

Other parameters included daily oil production estimate of 1.69 million barrels (inclusive of condensates of 300,000 to 400,000 barrels daily) at an exchange rate of N435.57/$.

Also, the gross domestic product (GDP) growth rate was projected at 3.75 percent, with 17.16 percent inflation rate.

The national assembly also passed the 2022 finance bill which aims to expand the tax net to increase revenue for the federal government.

See Also: Buhari Stopped Me From Seeking EFCC Probe Of Corruption – Osinbajo

Lawan in an interaction with the press after the meeting said his discussion with Buhari was focused on the 2023 appropriation bill and the recent additional loan request.

He regretted that the 2023 budget signing is coming a bit later than that of 2022 which was signed on December 31, 2021.

The senate president said that the 9th Assembly had maintained January to December budget cycle but the one-week delay experienced was due to inconsistencies discovered by the lawmakers in the budgetary documents submitted by the executives.

He also said the upcoming general elections were part of the national issues that were discussed.

Lawan gave assurance that the legislature will back the Independent National Electoral Commission (INEC) with sufficient budgetary provisions to conduct free and fair elections devoid of underfunding.

Source: Cable

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