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Home»Government»Reps extend 2023 supplementary budget implementation to June
Government

Reps extend 2023 supplementary budget implementation to June

VardiafricaBy VardiafricaMarch 20, 2024Updated:March 20, 2024No Comments17 Views
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The house of representatives has passed a bill seeking for an extension of the 2023 supplementary budget.

President Bola Tinubu had asked the national assembly to extend the implementation of the 2023 supplementary budget to June 30, 2024.

The President’s request was contained in a letter read on the floor of the House by the Speaker, Abbas Tajudeen.

In the letter, President Tinubu also asked the House to extend the implementation of the supplementary appropriation act from March 31, 2024, to June 30, 2024.

The President noted that the extension became necessary to ensure that the provisions of the two acts were fully implemented.

In November, the president signed the 2023 N2.17 trillion supplementary budget into law.

He subsequently asked the national assembly to extend the implementation to March 31, 2024.

REPS PASS BILL

After reading the president’s letter, the lower legislative chamber speedily passed the bill for first, second, and third readings.

The green chamber passed the bill after Bello Kumo, chief whip, moved a motion to the effect.

Leading the debate, Kumo said the president’s request should be granted to extend the implementation of the capital component of the budget in the interest of the country.

There after, the bill was read the third time and passed.

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