Categories: EconomyNews

National Assembly Reconvenes After Christmas Break, to Pass Budget Saturday

The Senate Leader, Opeyemi Bamidele, has revealed that the National Assembly will pass the 2024 Appropriation Bill on December 30 to sustain the January-December budget cycle.

He disclosed at a session with journalists in Iyin-Ekiti, Ekiti State, saying all federal lawmakers would have to cut short their holidays to ensure the speedy passage of the 2024 Appropriation Bill.

He explained that to ensure the passage of the budget, all ministries, departments and agencies are to appear before the joint sitting of all the relevant committees of both the Senate and House of Representatives.

He also explained that this has already reduced the time for the budget defence process by half rather than appearing before the Senate first and House of Representatives later.

He also noted that the senate will reconvene on December 29 in order to pass the budget by December 30 and by January 1, 2024, President Bola Tinubu will have the 2024 Appropriation Bill on his desk for assent so that its implementation can take off in earnest.

 

VOP Lagos

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