Sgf lawal appears before senate to defend n9 88bn budget proposal

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S.G.F. Lawal, the Minister of Finance, Budget, and National Planning, has appeared before the Nigerian Senate to defend the N9.88 trillion budget proposal for the 2023 fiscal year. The minister presented the budget proposal to the Senate Committee on Finance, which is responsible for reviewing and approving the budget.

During the presentation, Lawal highlighted the key components of the budget, including the allocation of funds to various sectors such as education, healthcare, infrastructure, and security. He also emphasized the government's commitment to reducing the country's debt burden and increasing revenue generation.

The Senate Committee on Finance is expected to review the budget proposal and make recommendations to the Senate before it is sent to the President for assent. The budget proposal is expected to be passed before the end of the year, as required by the Nigerian Constitution.

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