Thursday, May 2, 2024

Reps extend 2023 supplementary budget implementation by two months

Mr Tinubu had asked the National Assembly to amend the 2023 Appropriation Act to allow for an extension in implementing capital projects.

• March 20, 2024
National Assembly (Credit: WikiData)
National Assembly (Credit: WikiData)

The House of Representatives has amended the 2023 Supplementary Appropriation Act to allow for an extension in the implementation of capital projects.

In an accelerated hearing on Wednesday, the parliament amended the act to extend implementation of the capital components from March 30 to June 30.

Presenting the bill, the majority leader, Usman Kumu (APC-Gombe), said that the amendment became necessary following a request by President Bola Tinubu.

He said the request to extend the budget’s implementation date was in the country’s best interest.

Mr Kumo said the bill needed the approval of all lawmakers for good governance in the country and urged them to support it.

After scaling the first and second readings, the Committee of Supply considered the bill and passed it for a third reading.

Mr Tinubu had asked the National Assembly to amend the 2023 Appropriation Act to allow for an extension in implementing capital projects.

In a letter addressed to the speaker, Tajudeen Abbas on Wednesday, Tinubu requested the house to extend the implementation from March 31 to June 30.

In the letter read by the speaker on the floor of the house, the president urged the house to expedite action on the amendment to ensure the completion of ongoing projects. 

(NAN)

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