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He said: “As it is now, that bill has not received presidential assent, and it falls to parliament to decide the best way forward.
It reads: ” The House may wish to recall that I signed the 2021 Appropriation on December 31st 2020, for a total expenditure of N13.588 trillion and a Supplementary Appropriation to cater for critical needs for the Security and Health Sector in the sum of N983 billion on July 26th, 2021.
“You may also recall that, during the signing of the 2021 Appropriation Act, I mentioned that, where necessary, I will revert to the National Assembly with a request for amendment, virement or other appropriate adjustments to ensure that the core objectives of the budget are accomplished.
” Accordingly, the 2021 Budget implementation is faced with challenges that will require additional funding for some critical and urgent line items in the budget.
“The purpose of this letter, therefore, is to forward the comprehensive Virement Proposal for the consideration and approval of the National Assembly.”