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In accelerated approval, Senate extends 2023 budget by 3 months

The senate extended implementation of the 2023 budget till March 31st 2024, to allow MDAs to utilise capital releases which would otherwise be returned to treasury The Senate has granted an accelerated passsage to an amendment of the 2023 budget and the supplementray money bill passed last November. The rationale is to extend the implementation of the 2023 budget till March 31, 2024 so that Ministries, Departments, and Agencies (MDAs) of the Federal Government some...

Appropriation committee issues 48 hours ultimatum on 2024 budget

Sen. Olamilekan, the appropriation committee chairman, urged all sub-committees to adhere to the deadline to ensure the National Assembly meets the January-December budget cycle The National Assembly, through its joint committee on Appropriation, has issued a 48-hour ultimatum to all sub-committees to submit their reports on the 2024 budget estimates. This is as the sub-committees began submitting their reports to the joint committee on Monday. Beginning with the committee on tourism chaired by Senator Ireti...

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