Highlight

Again, Senate extends 2024 budget  implementation till Dec. 2025

560
Advertisement




For the second time, the Senate has extended the implementation of the capital components of the 2024 budget to December 31, 2025.
Persecondnews recalls that this is the second time the implementation of the projects would be extended through the amendment of the Appropriation Act.
The resolution for the extension was adopted at the plenary on Tuesday, presided over by Sen. Barau Jibrin, the Deputy Senate President.
Leading the debate, Sen. Olamilekan Adeola, the Chairman of the Committee on Appropriation, said the extension was necessary to allow the federal government to complete ongoing projects as captured in the budget.
He said the government did not have enough resources to execute the projects and urged the Senate to support the extension of the 2024 budget to avoid abandoned projects.
The capital component of the 2024 budget was first extended from December 31, 2024 to June 30, 2025.

Author

See also  Senate Confirms Omidiran, Peter Eze, 36 Others as FCC Chair, Federal Commissioners

Leave a comment

Related Articles

INEC Enhances Election Administration Capacity with South Korea Study Tour

By Omoyeni Ojeifo The Chairman of the Independent National Electoral Commission (INEC),...

Just in: APM Adopts Oyo Gov. Makinde As 2027 Presidential Candidate

Oyo State Governor Seyi Makinde has officially secured the Allied Peoples Movement...

2027 Presidential Race: Turaki PDP Faction Affirms Jonathan in Absentia

In a major political development ahead of the 2027 general election, the...

Liverpool Set to Appoint Iraola After Relieving Slot of Duties

By Samuel Akpan Liverpool has dramatically parted ways with manager Arne Slot...