Senate extends FCT budget life span
The senate has extended the implementation of the 2017 Federal Capital Territory (FCT) budget to march.
President Muhammadu Buhari gave assent to the bill on December 29, 2017.
After the expiration of the budget on December 31, the president asked the senate to extend it’s implementation to march 31.
At the upper legislative chamber on Tuesday, the lawmakers extended implementation of the budget after it adopted recommendations of a report of the FCT committee.
Dino Melaye, chairman of the committee, noted the capital projects were not carried out because the budget was operational for only three days.
“The bill (reintroduced) was read for the first time on 23rd January, 2018. The senate concluded debate on the second reading on Wednesday, 24th January, 2018 and the bill was referred to the committee on federal capital territory for further legislative action,”.
“in line with section 16, 88, 89, 299 of the constitution of the federal republic of Nigeria as amended, the senate committee on FCT resolved on the modalities to handle it.
“The committee noted that the FCT appropriation act 2017 was passed on 8th November 2017 and was assented to by the commander-in-chief of the armed forces federal republic of Nigeria on 29th December, 2017. It is important to note that the statutory act operated for three days 2017 financial year and the committee has no option than to rely on the constitution which gives authorisation from the consolidated revenue funds.
“in view of the forgoing, the committee recommend as follows to pass and amend the bill FCT appropriation act 2017.
“Mr. president you find an appendage, as sent by president Muhammadu Buhari, it seeks to amend the appropriation act 2017 in order to extend the implementation year of the appropriation act from December 2017 to march 31, 2018.”
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.
Thank you for subscribing.
Something went wrong.