On 7 October 2021, the President, Muhammadu Buhari, presented 2022 draft budget to the National Assembly. The 2022 Budget, which has been themed the “Budget of Economic Growth and Sustainability”, is designed to achieve the following objectives:
- Diversification of the economy, with robust growth of Micro, Small and Medium Enterprises;
- Investment in critical infrastructure;
- Strengthening security and ensuring good governance;
- Enabling a vibrant, educated and healthy populace;
- Reducing poverty; and
- Minimizing regional, economic and social disparities.
