The Nigerian President, Muhammadu Buhari has signed the approved N21.8 trillion 2023 budget into law.
The made this revelation in a live broadcast, Tuesday.
Buhari added that the signing will make sure there’s no delay in the implementation of the 2023 budget.
He has told the National Assembly to have a reconsideration on the request of his administration for N23.7 trillion ‘ways and means’ loan.
The Nigerian leader has encouraged Ministries, Departments, Agencies and institutions of government to work towards gearing up the revenue generation process.
“As this administration draws to a close, we will accelerate the implementation of critical measures aimed at further improving the Nigeria business environment and ensuring the welfare of our people,” he stated.
The Senate, earlier approved the 2023 budget for the 2023 fiscal year.
Report has it that the budget presented by the president in October has received an increase from N20.5 trillion, to N21.8 trillion.