Senate approves MTEF/FSP for the years 2024-2026

The 2022–2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) of President Bola Tinubu have been adopted by the Senate.

This occurred following the adoption of the report of the Joint Committee on Finance, Appropriations, National Planning, and Local and Foreign Debts on Wednesday in plenary.

Read Also: Similar House of Representatives, the Senate has passed the Medium-Term Expenditure Framework for the years 2024–2026,

The committee advised that the Nigerian National Petroleum Corporation Limited, or NNPCL, strive towards lowering its operating costs in order to decrease waste, according to Sani Musa, the committee chairman, who also presented the report.