JUST IN: Buhari signs 2023 budget.

The N21.8 trillion 2023 budget has been approved by President Muhammadu Buhari and signed into law.

According to Bendelnews, President Buhari revealed this information during a live broadcast on Tuesday.

The President has stated that the signing will prevent a delay in the implementation of the 2023 budget.

He pleaded with the National Assembly to rethink its judgement about the 'ways and means' loan request that his government had submitted for N23.7 trillion.

In addition to this, Buhari has charged the various ministries, departments, agencies, and other government organisations with speeding up the process of revenue creation.

"As the term of this administration comes to a close, we will accelerate the implementation of critical measures aimed at further improving the business environment in Nigeria and ensuring the welfare of our people," he stated. "We will also ensure that our people are provided for.

The budget proposal for the 2023 fiscal year was approved by the Senate earlier.

The original budget that was given by Buhari in October was boosted to a total of N21.8 trillion, up from N20.5 trillion.

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