2022 budget deficit jumps to N7.35tn, Buhari to borrow N965bn
• President writes Reps, seeks amendment to 2022 Fiscal Framework The President, Major General Muhammadu Buhari (retd.), has written a letter to the House of Representatives, informing the parliament that the deficit in the 2022 Appropriation Act has risen by N965.42bn to N7.35tn. Consequently, the President said the Federal Government would borrow funds to fill the gap. Buhari, therefore, called for an amendment to the Federal Government’s budget and the fiscal framework for 2022.https://imasdk.googleapis.com/js/core/bridge3.509.0_en.html#goog_877067980 Speaker of the House, Femi Gbajabiamila, read out the cover letter on the executive bill, titled, ‘Submission of the Revised 2022 Fiscal Framework’, and dated April…