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Experts knock lawmakers as Reps raise budget to N17.12tn

The House of Representatives, on Tuesday, passed the 2022 Appropriation Bill, raising the total estimates of the Federal Government’s budget from the proposed N16,391,023,917,692 to N17,126,873,917,692, an increase by N735,850,000,000. The lawmakers raised the oil benchmark from $57 per barrel to $62. They also increased the National Assembly’s budget by N5bn, from the proposed N134bn… ....

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