The Senate has extended the life cycle of the 2023 supplementary budget from 30 June to 31 December 2024. The upper chamber of the National Assembly on Thursday suspended all its rules and gave an expeditious passage to a bill seeking the extension in less than 20 minutes. Earlier before the passage of the bill, the lawmakers went into a …

The Senate has said President Bola Tinubu will send the 2024 Supplementary budget to the legislators for approval after resumption. The Senate spokesperson, Yemi Adaramodu, informed The PUNCH that the N6.6 trillion supplementary budget, although still being computed by the executive, would be sent to the National Assembly after its 2 July resumption. He said, “The budget would be sent …

The House of Representatives has approved N61.55 billion Federal Capital Territory (FCT) supplementary budget for the financial year ending 31 December 2023. This followed the passage of the 2023 Supplementary Appropriation (budget) Bill for the FCT through the third reading at plenary yesterday. It was also a sequel to the consideration of the report of the House Committee on FCT …

The Federal Capital Territory  (FCTA) Minister, Nyesom Wike, on Wednesday, explained his decision to engage Senior Advocates of Nigeria to handle 800 litigation involving the administration, lamenting that lack of diligent prosecution of cases in the past by FCT officials led to the loss of numerous cases. Wike alleged that there were cases of complicity on the part of certain  …

The Federal Government has slammed the comment of the Labour Party presidential candidate in last February election, Mr. Peter Obi, on the recently signed supplementary budget. The government decried Obi’s condemnation of the supplementary budget as insensitive to the citizens, noting that it is a “bold and pragmatic response” to national pressing issues. On Wednesday, Obi had, via a post …

The Nigerian Association of Resident Doctors (NARD) has urged President Bola Tinubu to allocate at least 15 per cent of the 2024 annual budget to the health sector. The President of NARD, Dr Dele Abdullahi, disclosed this in an interview with The PUNCH on Sunday while decrying the exclusion of the health sector from the 2023 supplementary budget. This was even as …

President Bola Tinubu has presented a N2.176 trillion 2023 supplementary budget proposal to the House of Representatives on Tuesday. In the breakdown of the budget, the Ministry of Defence received the highest allocation of N476.543 billion, Works was allocated N300 billion, and the Ministry of Agriculture and Food Security got N200 billion. Under the State House section of the budget, …

The Federal Government on Monday approved a N2.18 trillion supplementary budget for the 2023 fiscal year to cover additional spending in defence, works as well as welfare packages such as wage awards and conditional cash transfers agreed with the organised Labour. Unveiling the details to State House correspondents at the end of this week’s Federal Executive Council meeting at the …