JUST IN: Senate extends implementation of 2023 supplementary budget | see new date
The Senate has on Thursday , extended the implementation of the 2023 supplementary budget from June 30 to December 31, 2024.
Thr extension was approved after the lawmakers embarked on a two hours closed door meeting.
The implementation of the 2023 supplementary budget by implication, would run together with that of the 2024 which stands at N28.78 trillion.
The 2023 supplementary budget bill was sponsored by the Senate Leader and Senator representing Ekiti Central Senatorial District, Michael Bamidele Opeyemi, for its implementation to be extended.
In his remark, Senate President, Godswill Akpabio thanked Senators for their understanding and patriotism and expressed his belief that the implementation would allow the executive to complete all abandoned
Recall that 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.
Earlier in March, following requests made by President Bola Tinubu, 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 just four 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 for Thursday (today) to consider further extensions ahead of their previously set resumption date of July 2, 2024.
