A Bill seeking to amend the 2022 Appropriation Act has scaled second reading in the Senate.
Leading the debate on the general principles of the Appropriations Act Bill 2022, Senator Abdullahi gave key highlights of the amendment to include 11 areas such as funding to cushion the impacts of the recent suspension of the petrol subsidy removal; and addressing the adverse implications that some changes made in the 2022 Appropriation Act could have for the successful implementation of the budget.
The Senate Leader added that the amendment also includes the reinstatement the N22.
Contributing to the debate, Senator Gabriel Suswam bemoaned the high tax expenditure in the 2022 budget.“Mr. President, if you look at the tax expenditure in 2022, it is about N1 trillion and totally unnecessary. “It is not just what the president has sent here, let us consider those areas that can help them save money, because we might decide to step down those tax expenditures,” Suswam said.The Senate President, Ahmad Lawan, after the Bill was passed for the second reading, referred the same to the Senate Committee on Appropriation for further legislative input.
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