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Senate Passes N98.5bn 2024 FCT Supplementary Appropriation Bill

by Sunday Isuwa
1 year ago
in News
Senate
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The Senate has passed the 2024 FCT Supplementary Appropriation Bill, totalling N98.5 billion.

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The bill was presented and adopted by Senator Osita Ngwu, the Vice Chairman of the Committee on FCT (PDP-Enugu).

In his presentation, Senator Ngwu said by the provisions of the 1999 Nigerian Constitution (as amended), the 2024 FCT statutory supplementary appropriation bill had its first reading on May 15.

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After the second reading on June 6, the bill was subsequently referred to the Committee on FCT for further legislative action.

Senator Ngwu explained that the committee, in line with the relevant sections of the constitution, held meetings with the FCT minister and other officials of the FCT administration to deliberate on the budgetary processes.

The FCT administration proposed N98.5 billion for the 2024 FCT statutory supplementary appropriation, aiming to augment priority areas of the FCT statutory appropriation capital expenditure.

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Based on thorough consideration, the committee recommended the approval of N98.5 billion for the 2024 FCT statutory supplementary appropriation. Senator Ngwu highlighted that the committee worked collaboratively with the House of Representatives to present a unified version of the appropriation bill for the Senate’s consideration.

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

The appropriation bill includes several notable allocations, such as N48.5 billion for local engineering services, N18 billion for the education secretariat, N16 billion for the Department of Transportation, and N16 billion for public building projects.

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