Reps pass 2024 budget for second reading

The House of Representatives has considered and Passed for second reading the Bill seeking to Authorize the issuance from the Consolidated Revenue Fund of the Federation the total sum of N27.5 billion naira.

This was sequel to the conclusion of the resumed debate on the 2024 Budget Estimates presented by President Bola Tinubu before the joint session of the National assembly.

During the debate, a member from Lagos State Mrs Kafilat Ogbara, argued that the people centred budget, which prioritizes Education, Security, students loans as well as human capital development among others, should be efficiently oversighted by the Parliament.

Prof Paul Nnamchi from Enugu state stressed the need to increase the budgetary allocation of the education sector as well as improve and extend rail transport especially from the Southeast to the northern part of the country.

The Speaker Dr Tajudeen Abbas referred the Bill to the Committee on Appropriations Chaired by Abubakar Birch for further legislative Scrutiny.

The Appropriation Committee is meeting with other Standing Committees with the view to enable adequacy and efficiency in interfacing with relevant Ministries departments and Agencies of Government, with their various Budget proposals

SOURCE: FRCN