The National Assembly has scheduled emergency sessions for Thursday to address pressing budgetary matters.
The Senate and House of Representatives will convene separately to discuss extending the implementation period for the capital components of the 2023 budget and the 2023 supplementary budget.
The move comes as the June 30 deadline approaches, and lawmakers aim to avoid any disruptions to budget implementation.
While the agenda is not publicly disclosed, sources hint at potential extensions to the budgetary appropriations.
Senator Yemi Adaramodu, Chairman of the Senate Committee on Media and Public Affairs, confirmed the emergency session, stating that the Senate will address various budgetary issues and ensure legislative compliance.
This development highlights the National Assembly’s commitment to addressing pressing national concerns and fulfilling its constitutional responsibilities.
The outcome of these emergency sessions may have significant implications for the country’s economic landscape.
When specifically asked whether extension of implementation period for capital component of 2023 budget was in the offing , he responded by saying varied issues requiring urgent legislative attention, would be deliberated upon, according to the Champion.
” The Senate shall be dwelling on wide range of issues at its plenary on Thursday , particularly those on budgetary appropriations vis – a – vis legislative compliance .
“Bills on 2024 Supplementary Appropriation and New National Minimum Wage are out of it , since they are yet to be forwarded for consideration and passage by President Bola Tinubu “, he said .
