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President Bola Tinubu has asked the Senate, to further extend the implementation period for the capital component of theThis was revealed on Thursday, as President of the Senate, Godswill Akpabio, chaired the plenary at the resumption of a new legislative session.
Both Chambers had in December 2023, extended the implementation period of the capital component of the budget for the fiscal year from December 31, 2023 to March 31, 2024, along with the ₦2.17trn 2023 Supplementary budget passed in November, 2023. Again, on the 19th and 20th of March this year, a further extension was sought by the president for the implementation period from March 31, 2024, to June 30, 2024.
The Senate president said the request would be deliberated in a committee of the whole, after they reconvene from a closed-door session.The Senate has also observed a minute silence in honour of the late Deputy Controller of Customs, Etop Essien, who passed on Tuesday at the National Assembly, while answering questions from members of the House of Representatives Committee on Public Account.
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