The bill scaled the first reading on Thursday.
PHOTO of President Bola Tinubu
NASS Passes Bill to Extend 2023 Appropriation Act and Supplementary Budget
The National Assembly, comprising the House of Representatives and the Senate, has passed a bill amending the Appropriation Act 2023, extending the implementation of its capital component from June 30, 2024, to December 31, 2024. Additionally, it passed a bill to amend the Supplementary Appropriation Act 2023, extending its implementation from June 30, 2024, to December 31, 2024.
The bill scaled its first reading on Thursday. Senate Leader Sen. Opeyemi Bamidele, the sponsor of the executive bill, led the debate on its general principles.
This development follows President Bola Tinubu’s request on Thursday to extend the implementation period for the capital component of the ₦21.83 trillion 2023 budget and the ₦2.17 trillion 2023 supplementary budget from June 30 to December 31, 2024. Senate President Godswill Akpabio revealed this during a plenary session marking the resumption of a new legislative session.
In December 2023, both chambers extended the implementation period of the capital component of the budget from December 31, 2023, to March 31, 2024, along with the ₦2.17 trillion 2023 supplementary budget passed in November 2023. Again, on March 19 and 20, a further extension was sought, pushing the implementation period from March 31, 2024, to June 30, 2024.
The Senate President stated that the request would be deliberated in a committee of supply after reconvening from a closed-door session. The Senate also observed a minute’s silence in honor of the late Deputy Controller of Customs, Etop Essien, who passed away on Tuesday while answering questions from the House of Representatives Committee on Public Accounts.
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