The Nation Newspaper Senate steps down action on N98.5b FCT Supplementary Budget
The Senate yesterday stepped down the consideration of N98.5 billion Federal Capital Territory Supplementary Appropriation Bill, 2024.
In his lead debate, the Ekiti Central senator said this year’s FCT Statutory Supplementary Appropriation Bill sought to authorise the issue from the Federal Capital Territory Administration Consolidated Revenue Fund of the Federal Capital Territory Administration Account the total sum of N98.5 billion only “to accommodate additional inflow from Internally Generated Revenue , resulting to a revised total FCT-IRS 2024 Statutory Revenue Appropriation to the sum of N348.720 billion only”.
Responding, Senate President Godswill Akpabio said: “The Leader of the Senate, you have heard these observations. There is nothing before us to debate.”In calming the tension in the chamber, Bamidele moved that the Bill be temporarily stood down pending when copies of the breakdown would be made available to all senators.
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