JUST IN: Senate Extends 2021 Budget Implementation To May 31
The Nigerian Senate has extended the implementation year of the 2021 Appropriation Act from March 31 to May 31, 2022. THE WILL reports.
According to THE WILLS, the development was confirmed in a statement presented on Tuesday by Dr Ezrel Tabiowo, the Special Assistant, Press, to the President of the Senate.
👉 Relocate to Canada Today!
Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaSee Other Top News:
- RCCG Commences Directorate of Politics & Governance
- Bandits Attack Kaduna Military Base, 11 Dead, Injure 19
- Senior Pastor Catches Wife In Romantic Moment With Assistant Pastor
- Kastina Frowns At Report Of Akwa Ibom Pursuing Indigenes
The statement reads: “The Senate has extended the implementation year of the 2021 Appropriation Act from 31st March to 31st May, 2022″.
“The extension was approved following the consideration of a bill to amend the 2021 Appropriation Act”. Information Guide Nigeria
“The Senate, before considering the bill suspended Rule 78(1) of the Senate Standing Orders 2022 (as amended), to enable the upper chamber to expeditiously introduce and pass the bill”.
“The bill was read on Tuesday for this first, second, and third time after the suspension of Rule 78(1)”. jamb results
“The bill was sponsored by the Senate Leader, Senator Yayah Abdullahi (Kebbi North). Leading debate on the bill, Senator Abdullahi, recalled that prior Appropriation Acts in the past were passed mid-year, with their implementation usually extended to the following year”.
“The lawmaker noted that in previous Appropriation Acts, these extensions were usually covered by a Clause, in line with the provisions of Section 318 of the Constitution of the Federal Republic of Nigeria that the Act runs for a period of 12 months, starting from the date it comes into effect”.
Check and Confirm: How much is Dollar to Naira today Pounds to Naira today
