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The 9th Assembly has postponed the passage of the 2023 budget and Finance Bill until Wednesday, December 28th, 2022, citing some challenges in receiving the report from the appropriations committee.
The President of the Senate Ahmed Lawan who made the announcements during plenary yesterday said that the appropriations bill came to the National Assembly from the executive with some problems and when the committee came to reconcile the figures, the challenge became obvious and difficult to deal.
Lawan added that the Senate Appropriations Committee kick-started a process of cleaning up the 2023 budget first and they engaged the executive in the cleanup exercise.
However, the process was concluded on Wednesday and the Committee couldn’t conclude putting together the report for submission yesterday.
The Governor of the Central Bank of Nigeria CBN, GODWIN Emefiele, has said that a total of 500 million units of the newly redesigned currency notes were ordered from the minting company following complaints by the banking public that banks are not dispensing enough of the redesigned Naira notes. Emefiele yesterday spoke through the deputy governor of the apex bank in charge of the Financial System Stability at the CBN, […]
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