SENATE EXTENDS THE IMPLEMENTATION OF THE 2023 SUPPLEMENTARY BUDGET FROM JUNE 30 TO DECEMBER 31, 2024 27-06-24
By Sadiq Aminu The upper Chamber suspended all its rules and gave an accelerated passage to a bill seeking the extension in less than few minutes.
Earlier before the passage of the bill, the lawmakers went into a closed-door session for two hours.
In December 2023, both Chambers of the National Assembly extended the implementation period for the capital component of the budget from December 31, 2023, to March 31, 2024, along with the N2.17 trillion 2023 supplementary budget passed in November 2023.
Following requests made by President Bola Tinubu, in March this year, both the Senate and the House of Representatives extended the implementation period for the budgetary appropriations from March 31, 2024, to June 30, 2024.
With few days remaining until the June 30, 2024, deadline for the affected 2023 budgetary appropriations, the two chambers cut short their recess to hold separate sessions today to consider further extensions ahead of resumption date of July 2, 2024.