NewsSenate Passes President Tinubu's N2.18tn Supplementary Budget

Senate Passes President Tinubu’s N2.18tn Supplementary Budget

spot_img

By Akinwale Kasali

Access Bank Advert

The Senate on Thursday passed the N2.18 trillion 2023 Supplementary Appropriation Bill forwarded to it for consideration by President Bola Ahmed Tinubu.

The  Supplementary Appropriation Bill sent to the Senate, was read, earlier, on the floor of the Senate and given expeditious consideration.

UBA

The budgetary proposals made in the bill were debated, passed for a second reading, and the Committee on Appropriations mandated to interface with heads of affected agencies for defence on proposals made.

The Committee chaired by Senator Solomon Adeola, representing the All Progressives Congress, Ogun West Senatorial District  met with Heads of the seven affected agencies till the late hours of Wednesday and told journalists that the reports on the supplementary budgetary proposals will be submitted to the Senate for final consideration and passage on Thursday.

READ ALSO:  Atiku Accuses National Assembly Of Aiding President Tinubu's Lust For Loans

Adeola said, “As mandated by the Senate on the strength of the request made by President Bola Tinubu, the Appropriations Committee has met with heads of the affected seven agencies supplementary budget proposals were provided for.

“Heads of each of the agencies have defended proposals made for them by the President and convinced the committee on the need for the Senate and by extension, the National Assembly to approve the N2.17tn 2023 supplementary budget.

“The committee has carried out the assignment given in line with the urgency required on the basis which reports for final consideration and passage of the bill, will be submitted to the Senate today (Thursday)”.

READ ALSO:  PDP Suspends NEC Meeting For Akwa Ibom First Lady's Burial

It would be recalled that the Budget Committee met with Heads of various agencies, that included the Minister of Housing, Ahmed Dangiwa, defended the N100 billion budgeted for the Federal Ministry of Housing in the supplementary budget which according to him, would be spent on construction of housing estates across the country.

In his presentation, the FCT Minister, Nyesom Wike, defended the N100 billion provided in the supplementary budget for the Federal Capital Territory out of which N22 billion was earmarked for the completion of metro rail.

For security and safety in FCT, Wike told the committee members that all abandoned structures would be brought down so as not to serve as hideouts for criminals from neighbouring states.

READ ALSO:  Senator Ubah: Anambra Orders Closure Of Schools

Other Ministers who made presentations before the committee were the Minister of Works, David Umahi, who defended his almost N400 billion appropriation; the Minister of Agriculture and Food Security, Senator Abubakar Kyari; Minister of State for Defence, Bello Matawale, as well as service chiefs.


Discover more from The Source

Subscribe to get the latest posts sent to your email.

Share your story or advertise with us: WhatsApp: +2348174884527, Email: [email protected]

Your Comment Here

More articles

Discover more from The Source

Subscribe now to keep reading and get access to the full archive.

Continue reading