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National Assembly aims for Dec 31 deadline on 2024 budget approval

Credible News by Credible News
December 4, 2023
in Development, Economy, News
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The National Assembly outlines plans to meet the December 31 target for the passage and signing of the 2024 Appropriation Bill in alignment with President Bola Ahmed Tinubu’s request.

Lawmakers summon ministers, heads of departments and agencies, security chiefs, and CEOs to discuss strategies for achieving the target. A joint committee will submit a harmonized report to streamline the budget approval process.

The Senate Appropriation Committee warns that agencies failing to defend their votes will receive zero allocations in the following year. A one-day retreat with committee chairmen and heads of MDAs is scheduled to discuss the budget’s speedy passage. Economist Dr. Ayo Teriba is invited to speak on improving outcomes from the 2024 budget.

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Tags: 2024 BudgetBola Ahmed Tinubu
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