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

The Senate has 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,Sen.Osita Ngwu during plenary in Abuja

Senator 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.

The lawmaker 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 delibrated on modalities to process the budget.

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