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Monday, November 18, 2024

Senate passes 2024 FCT supplementary appropriation bill  of N98.5bn

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

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

Ngwu, in his presentation said, in line  with  provision of 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.

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

Ngwu said the FCT administration proposed the sum of  N98.5billilon for the 2024 FCT statutory  supplementary appropriation.

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

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

Ngwu said in considering  the budget,  the committee worked harmoniously  with  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.

Highlights of the  appropriation bill include allocation of N48.5billion for  local engineering services, Education Secretariat, N18 billion, Department of Transportation N16 billion, while public building was earmarked N16 billion.

The Senate went into the Committee of Supply to consider the bill after which the President Godswill Akpabio the question for the passage of the bill and it was overwhelmingly supported.

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