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Nigeria: Senate passes $41.8 billion 2022 budget

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Nigeria's Red Chamber of the National Assembly is expected to pass an increased 2022 national budget.

This development followed approval by the House of Representatives Tuesday of a higher spending plan, with a record 17.13 trillion naira or 41.8 billion dollars.

As Adolphus Mawolo reports, Lawmakers approved the spending after raising the deficit and the oil price assumption in an attempt to boost the economy.

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Nigeria: Senate passes $41.8 billion 2022 budget

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