The development therefore increased the 2024 budget from N28.7 trillion to N34.9 trillion.
Browsing: supplementary budget
According to reports, the Red Chamber on Thursday suspended all its rules and gave an expeditious passage to a bill seeking the extension in less than 20 minutes.
The Senate had in March 2024 extended the implementation of the 2023 budget till June 2024.
Speaker Moses Sule read Governor Caleb Mutfwang’s communication during plenary on Friday,
This is contained in a press statement signed by the Coalition’s National Coordinator, Iyanuoluwa Bolarinwa.
The trending issues on social media since yesterday are two items in the 2023 supplementary budget.
The Ministers and Service Chiefs appeared before the Senate Committee on Appropriations on Wednesday.
The Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, made the disclosure.
Lawan made the disclosure on Tuesday during plenary.
The decision of the Senate was sequel to the passage of the Appropriation bill into second reading and referred to the Senate Committee on Appropriation to report back on Tuesday, June 29.
The Minister of Finance, Dr. Zainab Ahmed, revealed this when she briefed State House correspondents on the outcome of the Council meeting chaired by President Muhammadu Buhari in Abuja on Wednesday.
Lawan made the disclosure while speaking to journalists in his home town Gashua on Saturday.
Joshua Madaki, Speaker of the House, who read the request to his colleagues during plenary on Thursday, said that it was in tandem with section 121 of the 1999 constitution as amended.
A letter sent by President Buhari to the lawmakers demanded for a supplementary budget of N242 billion for the election.
Leading the debate, majority leader, Benjamin Adanyi, said the supplementary budget would among other issues, take care of some critical infrastructural development projects.
The News Agency of Nigeria reports that the supplementary budget as passed is made up of N10.7 billion capital vote and N6.7 billion recurrent vote.
In the proposal by Buhari, N413 billion was provided for payment of outstanding subsidy claims in 2014 and from January to September, 2015