The governor said that the budget was a product of extensive consultations.
The minister also cited underperformance across several non-oil revenue subheads, compounding the pressure on government finances.
The aim is to strengthen the participants’ capacity to migrate to the new budgeting system, ‘programme-based budgeting’ in the state.
The Senate approved an aggregate expenditure of N16.39 trillion from the previous N13.98 trillion for the year 2022.
The president is to present the budget to a joint session of the National Assembly.
The NNPC boss said the outlet in Niger would help curb smuggling of petroleum products across land borders. There no word, however, on similar plans for other neighbouring countries.
The lawmaker insinuated that the CAC was cooking its book, stating that the commission was in need of overhaul.
The Federal Inland Revenue Service (FIRS) has projected generating N10.1 trillion revenue for the 2022 financial year, says its chairman Muhammad Nami.
