The Senate has passed the 2022 Appropriation Bill of N17.126 trillion.
This followed the adoption of the recommendations of the report of the Senate Committee on Appropriation at plenary on Wednesday.
This comes after the House of Reps had passed the same bill on Tuesday.
The bill passed is higher than the 2022 budget proposal of N16.391 trillion proposed by the Presidency in October.
The bill was passed after a final recommendation by its Committee on Appropriations at plenary on Wednesday.
Sen. Barau Jibrin, the Chairman of the Committee while presenting the report said the additional revenue should be channelled to the following ministries and agencies that forwarded their requests for more funding for very critical projects.
He said the ministries and agencies include the Ministry of Works and Housing, Independent National Electoral Commission (INEC) and the National Population Commission (NPC).
President of the Senate, Dr Ahmed Lawan in his remarks, stated it was one of the Senate’s greatest legacy bringing back the budget cycle to that desirable and predictable January to December budget cycle.
“We promised Nigerians in 2019 that this senate and indeed the National Assembly will bring back that cycle of the budget so that our economy is better influenced and supported.
“We thank God for making it possible for us to achieve that in 2020, 2021, and 2022 budget.
“That we have done this, we are not alone in it, the executive has also shown commitment, willingness and capacity to work with us at our own speed to ensure that the budget is passed before Christmas,” he said.