The Senate on Tuesday approved a request from President Muhammadu
Buhari for the extension of the implementation of the N114 billion FCT
capital budget to March 31.
The Senate acceded to the request of the president and gave the bill
an accelerated hearing as it was considered for second reading, third
reading and passed.
The president of the Senate, Bukola Saraki, directed the conference
committee of the Senate to harmonise its figures with the House of
Representatives.
Earlier, while presenting the bill for second reading, the Leader of
the Senate, Ali Ndume, noted that the 2015 FCT budget was approved on
May 28, 2015, allowing only seven months for its implementation.
He said that in order to meet the obligations of the FCT and as
requested by the president, the Senate should give accelerated passage
to the request for extension.
He said that in view of the seven months period, the FCT budget
implementation only stood at 40 per cent, hence the need for the
extension.
The News Agency of Nigeria (NAN) recalls that Buhari on Feb. 23
requested the Senate to extend the implementation of the budget to March
31.

No comments:
Post a Comment