The Senate approved a resolution to amend the 2007 Fiscal Responsibility Law, based on the Medium Term Expenditure Framework (QDMP) report.

The Chairman of the Senate Finance Committee, Senator Muhammed Sani Musa, stated this during the defense of the 2023 budget and the presentation of the 2024 budget in the National Assembly.

Musa said: “We are worried every day about the huge debt burden we face in Nigeria.