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The House of Representatives has passed a 2022 budget of N17.126 trillion against the N16.391 trillion sum presented by President Muhammadu Buhari.
The House made provision for an increase by N400 billion for agencies that came forward with financial reports which were not captured in the proposed budget.
It increased the benchmark price for crude from $57 to $62 per barrel, from which a proposed increase in revenue is expected.
The budget deficit was increased by N98 billion to accommodate some other requests of national importance.
