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The House of Representatives on Thursday passed the 2024 supplementary bill of N98.5 billion for the Federal Capital Territory Administration . President Bola Ahmed Tinubu recently presented the supplementary appropriation bill to the National Assembly for consideration, stating that the funds were earmarked for critical infrastructure. Chairman of the House Committee on Federal Capital Territory…The House of Representatives on Thursday passed the 2024 supplementary bill of N98.
Betara stated, “That this House do consider the Report of the Committee on Federal Capital Territory on a Bill for an Act to Authorise the issue from the Federal Capital Territory Administration’s Statutory Revenue Fund of the Federal Capital Territory Administration account, the total sum of N98,500,000,000 only for Capital Projects; for the Service of the Federal Capital Territory, Abuja, for the Financial ending December 31, 2024.
“The amount mentioned in Section of this Section shall be appropriated to heads of Expenditure as indicated in the schedule to this Bill.” “No monies shall be withdrawn from the Account mentioned in Section 3 above without appropriation by the National Assembly.” The National Assembly's investigation into the multi-billion naira NLNG Train 7 project has encountered a significant setback as contractors have refused to submit documents necessary for the probe. The NLNG Train 7 project involves the construction and operation of an additional Complete LNG Train and a Common Liquefaction Unit with a total capacity…
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