2023 budget passes second reading at Senate

2023 budget passes second reading at Senate

The 2023 Appropriation Bill on Wednesday scaled second reading in the Senate.

This followed the presentation of the lead debate by the sponsor and Senate Leader, Ibrahim Gobir at plenary.

Leading the debate on the general principles of the bill, Mr Gobir said that it was laid before the chamber on October 7 by President Muhammadu Buhari.

“The Bill is deemed to have been read the first time by virtue of its being laid before the Joint Session of the National Assembly on Friday.

He said that the bill sought to authorise the issue out of the Consolidated Revenue Fund (CRF) of the Federation, the total sum of N20.51 trillion for the year ending on December 31, 2023.

“The 2023 budget proposals submitted by the executive is not strange to us here in the National Assembly having approved the Medium Term Expenditure Framework (MTEF).

“What remains for us is to closely examine the contents and the details in order to sort things out and smoothen the…

Report

Leave a Reply

Your email address will not be published. Required fields are marked *