House of Reps Speaker Reveals Date 2024 Budget Will Be Passed

 

The Speaker of the House of Representatives, Tajudeen Abbas has revealed a date for the passing of the 2024 budget.

 

According to him, the budget will be passed on Saturday, December 30, 2023.

 

Abbas made this announcement as the House resumed plenary on Tuesday.

 

This was as he passed a message from the Committee on Appropriations to various committees of the House that they must conclude and submit their reports on budget defence by agencies of government by 8:00 pm on Tuesday, December 19, 2023.

 

According to him, other budget-related activities like compilation, processing and harmonization would take place in between.

 

Recall that the House had suspended plenary on December 1, to conduct budget proposal defence towards speedy passage of the Appropriation Bill.

 

President Bola Ahmed Tinubu had in November, proposed a budget of N27.5 trillion for the 2024 fiscal year.

 

The budget was presented to a joint session of the National Assembly for scrutiny and deliberations for final approval.

 

In his presentation, Tinubu declared, “The 2024 Appropriation has been themed the Budget of Renewed Hope. The proposed budget seeks to achieve job-rich economic growth, macro-economic stability, a better investment environment, enhanced human capital development, as well as poverty reduction and greater access to social security.”