Home Nigeria News Nigerian Senate set to pass 2021 budget on Monday

Nigerian Senate set to pass 2021 budget on Monday

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Nigerian-Senate

Nigerian Senate set to pass 2021 budget on Monday. The Senate President disclosed this in a statement released by his Special Assistant (Press), Ezrel Tabiowo. According to the statement, the senate president made this known during plenary following a motion moved by the Senate Leader, Yahaya Abdullahi (APC – Kebbi North); and seconded by the Minority Leader, Enyinnaya Abaribe (PDP – Abia South).

The Senate will on Monday, December 21, hold a special session to pass the 2021 budget presented before the National Assembly into law.

According to the Senate President, the delay in the passage of the budget was to allow the Appropriations Committee include a late request for additional expenditures from the Executive arm of government.

“Our Committee on Appropriation has been working round the clock. We had planned to receive the report of the Committee on Appropriations today, but there was a late request for some more expenditures from the Executive arm of Government, and we want to ensure that our Committee does work to produce a clean document, so they can’t present this document today.

“However, the Committee has said the report will be ready by the weekend. Consequently, we will hold a special session on Monday, the 21st of December, 2020, just to consider and pass the budget 2021.

“This is in keeping with our legislative agenda of ensuring that the annual budget has a January to December cycle. We did that last year, and by the grace of God, we will do it again,”Lawan said

Meanwhile, the Senate on Wednesday also stepped down the consideration of the Conference Committee Report 2021 – 2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).

The request to step down consideration of the 2021 – 2023 MTEF report till Thursday, 17th December 2020 was moved by the Senate Leader, Yahaya Abdullahi; and seconded by the Minority Leader, Enyinnaya Abaribe.

Source – TalkofNaija

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