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Senate passes N98.5bn FCT supplementary budget

The Senate on Tuesday at plenary, passed the 2024 Federal Capital Territory, FCT, Supplementary Appropriation Bill of N98.5 billion.

This followed presentation and adoption of report of Committee on FCT by the Vice Chairman, Sen.Osita Ngwu (PDP-Enugu).

Mr Ngwu in his presentation, said in line with provisions of the 1999 Nigeria Constitution as amended, the 2024 FCT statutory supplementary appropriation bill,was read the first time on May 15.

He said following conclusion of the second reading on June 6, the bill was referred to the committee on FCT for further legislative action.

Mr Ngwu said in accordance with sections 62, 80 ,88,89 and 299 of the 1999 constitution as amended, the committee met with the FCT minister and other relevant officials of FCT administration and deliberated on modalities to process the budget.

Mr Ngwu said the FCT administration proposed N98.5 billion for the 2024 FCT statutory supplementary appropriation.

According to him, the proposed sum is to augment priority areas of the FCT statutory appropriation capital expenditure.

He said the committee recommended for approval of N98.5 billion for 2024 FCT statutory supplementary appropriation.

Mr Ngwu said in considering the budget, the committee worked harmoniously with the House of Representatives to present one version of the appropriation bill for consideration of senate.

“On behalf of the committee, I hereby present the recommendations for consideration and passage of the FCT statutory supplementary appropriation bill into law,”Ngwu said.

Highlight of the approved appropriation bill includes provision of N48.5 billion for local engineering services, education secretariat N18 billion, department of transportation N16 billion, while N16 billion was earmarked for public building.

NAN

 

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