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2023 Appropriation Bill Scales Second Reading In NASS - The Revealer
Politics

2023 Appropriation Bill Scales Second Reading In NASS

The 2023 appropriation bill of N20.5 trillion on Wednesday passed through the second reading in the Senate and the House of Representatives.

The upper chamber referred the bill to its Committee on Appropriation for further legislative action and expressed dissatisfaction over the rise in recurrent expenditure which is up from over 6 trillion naira this year to over 8 trillion budgeted for next year.
According to the lawmakers, Nigeria cannot continue to borrow to fund 1 percent of its population. Subsequently, the Senate asked its committee to report back in four weeks.

It adjourned its sitting for the next four weeks to allow its various committees to work on the 2023 budget estimates as well as a budget defence by various ministries, departments, and agencies.

The Senate will reconvene plenary on November 15, except if there is an emergency.
Similarly, in the lower chamber, the lawmakers commended President Muhammadu Buhari for the Intervention Fund for the Academic Staff Union of Universities, as well as the improvement in the budget of the judiciary.

They, however, questioned the parameters which are to fund the budget, describing them as unrealistic.

In his submission, the Minority Leader, Ndudi Elimeleu, asked both the federal and state governments to work towards bringing an end to the sit-at-home order in the South-East.
Source: channelstv.com

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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