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Reading: Senate finally approves the FCT N607.9 billion 2022 appropriation bill
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Africa Housing News > Blog > Nigeria Housing News > Senate finally approves the FCT N607.9 billion 2022 appropriation bill
Senate
Nigeria Housing News

Senate finally approves the FCT N607.9 billion 2022 appropriation bill

By Author
Last updated: 2023/08/16 at 11:30 AM
By Author Published November 30, 2022
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The Senate, on Wednesday passed the FCT N607.9 billion 2022 Appropriation bill.  This followed the adoption of the harmonized report of the Senate and House of Representatives Committee on FCT at the plenary.

Presenting the bill to senate, the committee chairman, Smart Adeyemi, said the budget was N607,952,023,580. He said the budget provided for creating a new district- Maitama II in the FCT.

Contents
The Senate, on Wednesday passed the FCT N607.9 billion 2022 Appropriation bill.  This followed the adoption of the harmonized report of the Senate and House of Representatives Committee on FCT at the plenary.The Senate

“Already, the Bureau for Procurement Procurement (BPP) has issued a c/Certificate of No Objection.

“One of the indigenous companies is recommended to commence the construction of Maitama II.

“We propose that this budget run concurrently with the 2023 budget when passed till June.

“This is to ensure that money is expended on the projects that the two Chambers have approved because of the global economic recession.

“There is a need to inject funds into the economy so that companies do not retrench,” he said.

Contributing, the Senate minority leader, Philip Aduda, called for the early passage of the FCT budget.

“If we can pass the national budget, I don’t see any reason why the FCT budget should not be brought early and for the passage for the people of the FCT to benefit from it.

“The whole shade of Nigeria is represented in the FCT, and everybody is interested in what happens in FCT. So I urge my colleagues to ensure the passage of this budget,” he said.

Also, Matthew Urhoghide (PDP-Edo) said there were too many moribund projects in the FCT.

The Senate

Also, chairman, Senate Committee on Appropriations, Jubrin Barau, urged the committee to do more in guiding the ministry to ensure that the capital expenditure was well implemented.

The Senate minority whip, Chukwuka Utazi, called for the development of the satellite towns to decongest the city centre.

In his remarks, Senate President Ahmad Lawan said efforts must be made to ensure that FCT presented its budget simultaneously with the National budget.

The FCT budget coming at this time is in complete variance to what we have been doing in the last three and half years.

“We are likely to pass the 2023 Budget by next week, and now 2022 has just come.

“This does not help the development of the FCT. I will advise that there is a need for stepping up on how the FCT deals with its budget because time is of the essence,” he said.

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TAGGED: Africa housing news, Latest Housing News & Updates - Africa Housing News, real estate, senate
By Author August 16, 2023 November 30, 2022
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1 Comment
  • binance referral code says:
    March 5, 2025 at 5:43 am

    Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

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