News Post

Know Your Parliament

NASS WORKS HARD TO PASS 2024 BUDGET BY THE END OF DECEMBER 2023

NASS WORKS HARD TO PASS 2024 BUDGET BY THE END OF DECEMBER 2023

The two Chambers of the National Assembly are working tirelessly and assiduously to ensure the passage of the 2024 Appropriation Bill before the end of this year, even with the daunting time constraint challenge staring the lawmakers on the face.

With few days to the end of 2023, the nation’s Parliamentarians are currently scrutinizing next year’s Federal Budget Estimates of N27.5 trillion Naira meant for 541 Ministries, Departments and Agencies (MDAs) of the Federal Government.

Apparently, the Appropriation Bill having smoothly scaled through Second Reading and referred to the Committee on Appropriation of both Chambers for further legislative inputs. The stage is set for the legislators to properly scrutinize the Bill through Budget Defence by the MDAs which review the implementation of the current year budget and justify the allocation of next year’s budget.

Accordingly, the Budget Defence which lasted almost two weeks has been completed, the next line of legislative action is the Presentation of Reports by the various Special and Standing Committees of both Chambers that scrutinized the MDAs budgets.

Thereafter, two days (Monday and Tuesday December 18 and 19, 2023) have been ear marked for the submission of Committee Reports on MDAs’ Budget Defence to the Committee on Appropriation. The Committee subsequently prepare, present and lay a comprehensive final Report on the 2024 Money Bill before the Hallowed Chamber for consideration and possibly ultimate passage into law.

Nevertheless, the scrutiny of 2024 Budget Estimates has been very tough in view of time constraints, Parliamentarians have demonstrated utmost patriotism, resilience and hard work in ensuring the passage of the Bill within record time of one month.  

Share this Post: