President Muhammadu Buhari lays the 2023 Appropriation Bill before a joint session of the National Assembly on Friday.
Buhari entered the temporary chamber of the House of Representatives, venue of the ceremony at 10:07am.
News agencies had reported that Senate Present, Ahmed Lawan, during plenary on Tuesday said Buhari will present the N19.76tn budget to the parliament at a ceremony scheduled to commence at 10am.
There is heavy presence of personnel from military, paramilitary and safety agencies on the premises.
Men of the Nigerian Army, Nigeria Police Force, Nigerian Security and Civil Defence Corps, Department of State Services, Federal Road Safety Corps, Federal Fire Service and sergeants-at-arms were deployed for the special duty.
The security operatives have manned strategic points in and around the building, with stricter security checks on vehicles and persons entering the building.
Select members of staff, essential service providers and journalists were issued tags to gain access into the premises.