Home Business Economy Senate to pass N2.18t 2023 supplementary budget Thursday

Senate to pass N2.18t 2023 supplementary budget Thursday

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

As requested by the President in the letter read in the Senate during plenary on Tuesday, the request was given expeditious consideration.

The budgetary proposals 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 (All Progressives Congress, Ogun West), 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 would be submitted to the Senate for final consideration and passage on Thursday.

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 N2.17 trillion 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)”.

During the interface the committee held with heads of the affected agencies, on Wednesday, the Minister of Housing and Urban Development, Ahmed Dangiwa defended the N100 billion budgeted for his in the supplementary budget which, according to him, would be spent on construction of housing estates across the country.

In his presentation, the Minister of the Federal Capital Territory (FCT), Barrister Nyesom Wike defended N100 billion provided in the supplementary budget for the FCT, 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.

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

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