President Bola Tinubu has written the both chambers of the National Assembly, seeking the approval of additional supplementary statutory budget for the Federal Capital Territory (FCT).
Tinubu’s request, conveyed in separate letters which was read at the resumption plenary on Tuesday by Senate President Godswill Akpabio in the Senate and Speaker Abbas Tajudeen in the House of Representatives, however, did not specify the amount of supplementary budget being proposed.
LEADERSHIP reports that the House of Representatives had on June 6 passed a N98.5 billion supplementary budget for the FCT Administration.
The president said the supplementary budget proposal had been prepared on the basis of the FCTA’s reviewed revenue and expenditure forecasts and was aligned with the fiscal and developmental policies of the federal government and the ‘Renewed Hope Agenda’ of his administration.
“I write in accordance with the provisions of Section 121 of the Constitution of the Federal Republic of Nigeria, to forward herewith an additional Supplementary Budget Proposal for the FCTA for consideration and passage by the House of the Representatives.
“This Supplementary Budget Proposal has been prepared on the basis of the FCTA’S reviewed revenue and expenditure forecasts and is aligned with the fiscal and developmental policies of the Federal Government and the Renewed Hope Agenda.
“With it, the FCTA continues to prioritise improvement of human capital and infrastructure within the Federal Capital Territory.
“While I trust that the House of Representatives will in their usual expeditious manner consider and approve the 2024 Supplementary Budget Proposal of the FCTA, please accept, Rt. Honourable Speaker, the assurances of my highest consideration and regards,” Tinubu stated in the letter to the leadership of the National Assembly.
