 President Muammar Dubuari will on Thursday present the 2022 Appropriation Bill before a joint session of the National Assembly. Deputy President of the Senate Ove Omaagige, who presided over Tuesday's plenary, disclosed this after reading a letter from President Dubuari. According to the letter, the president is seeking some amendments in the 2022-2024 medium-term expenditure framework, and fiscal strategy paper, and that's ahead of next year's budget. The changes, according to President Dubuari, are in line with the newly enacted Petroleum Industry Act. The PIA establishes a progressive fiscal framework aimed at encouraging investment in the Nigerian petroleum industry. This significantly alters the oil and gas fiscal terms and has necessary changes in the 2022-2024 medium-term fiscal framework. Arising from this, therefore, the other critical expenditures that should be accommodated in the 2022 budget, the changes to 2022 projections in the fiscal framework, as follows. Federal Government of Nigeria expenditure. A, the Federal Government of Nigeria aggregate expenditure, including GOE's and project-style loans, is projected to increase by £2.4 trillion from £13.98 trillion to £16.45 trillion. B, the increase in expenditure is due to four £100 billion additional provisions to INEC to cater for the 2023 general elections. After reading Omaagige's letter, furthermand data to the Senate, Joint Committee on Finance and National Planning to effect the changes and submit the report at Wednesday's plenary. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.