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Monday, May 16, 2022

Senate to pass N896 bln supplementary budget on Wednesday

The President of the Senate, Ahmad Lawan has assured that President Mohammadu Buhari request for N895.84 billion supplementary budget would be passed by the upper chamber on Wednesday.

Lawan, gave this indication during plenary after the Senate Committee on Appropriation laid its report on the Supplementary Appropriation Bill, 2021, before the Senate.

The consideration of the request from the Executive by the Senate is an indication that the supplementary budget would be passed tomorrow.

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The Appropriations Committee Chairman, Jibrin Barau, had last week pleaded with the upper chamber to allow the Joint Committees of the Senate and House of Representatives come up with a harmonised report on the supplementary bill to facilitate its eventual presentation Tuesday.

Barau in keeping with his request for time extension finally laid the report on the Supplementary Appropriation Bill, 2021, before the upper chamber during plenary on Tuesday.

President Buhari had about two weeks ago transmitted a Supplementary Appropriation Bill for N895..84 billion to the National Assembly for consideration and approval.

He explained that the proposed amount would be used to fund the COVID-19 vaccine programme; fund health related expenditures for treatment of additional 50,000 patients under the Nigeria Comprehensive AIDS Program in states; and procure additional equipment captured in this year’s capital expenditure on Defence and Security to tackle prevalent security challenges across the country.

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