It also passed a Bill for an Act to Amend the Supplementary Appropriation Act, 2023 to further extend its implementation from 30 June 2024 to 31 December 2024.
The leader of the senate, Senator Opeyemi Bamidele and sponsor of the executive bill, proceeded to lead the debate on the general principles of the bill which passed first reading.
The development comes as President Bola Tinubu asked the Senate, to further extend the implementation period for the capital component of the twenty one point eight three trillion naira 2023 budget, and the two point one seven trillion naira 2023 supplementary budget from June 30 to December 31, 2024.
This was revealed as President of the Senate, Godswill Akpabio, chaired the plenary at the resumption of a new legislative session.
Both Chambers had in December 2023, extended the implementation period of the capital component of the budget for the fiscal year from December 31, 2023 to March 31, 2024, along with the two point one seven trillion Naira 2023 Supplementary budget passed in November, 2023.
