President Muhammadu Buhari on Thursday forwarded the 2022-2024 Medium Time Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly for consideration and approval.
The Speaker of the House of Representatives, Femi Gbajabiamila, read the President’s letter on the MTEF/FSP at the plenary in Abuja.
The letter read: “It is with pleasure that I forward 2022-2024 Medium Time Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for the kind consideration and approval of the House of Representatives.
“Let me use this medium to express my deep gratitude to your enduring collaboration and commitment of the leadership and honourable members in our collective efforts to sustain the restoration of the January to December financial year.
READ ALSO: Nigerian govt approves 2022-2024 MTEF
“On our part, we have worked very hard to sustain the early submission of the MTEF-FSP, to allow the National Assembly sufficient time to review the framework.
“As the 2022 budget will be prepared based on parameters and fiscal assumptions as the approved 2022-2024 Medium Time Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), I seek the cooperation of the National Assembly for expeditious action on the submission.”
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, had last week presented the MTEF to the National Economic Council (NEC) at its meeting held in Abuja.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: UBEC mum as N80m Kebbi secondary school lab equipment still undelivered since 2020
“Our laboratories are not conducive for learning; the termites have destroyed most of these laboratories, and there is not enough...
In Niger, communities suffer as multi-billion naira Auna Dam project remains uncompleted despite 38 years of investments
In Niger State, the over 20 communities around Auna River have had their hopes for fresh water, electricity supply and...
INVESTIGATION: Years after, 15km Eleme-Onne end of East-West Road remains death-trap despite billions released
In this report, ARINZE CHIJIOKE chronicles the sufferings of road users on the 15km Eleme-Onne end of the East-West Road...
Gaza attacks intensify as 12 Thais, 10 Nepalese killed in Israel
The current violence in Israel has claimed the lives of at least 12 Thai people and 10 Nepalese individuals. Eight...
INVESTIGATION: Poorly executed classroom projects force children out of school in Niger State
Once a vibrant hub of learning for pupils, Kodo Primary School now resonates a stark contrast to its former days...