In a move to safeguard ongoing federal projects, the Senate has approved a second extension of the capital component of the 2024 Budget, resetting its expiration to December 31, 2025. The Deputy Senate President, Senator Barau Jibrin, who presided over the resumption of plenary on Tuesday, announced the extension of the Appropriation Bill following an expedited passage after first, second and third readings. Leading debate on the floor, Chairman of the Senate Committee on Appropriations, Senator Adeola Olamilekan, argued that Nigeria’s fiscal constraints and the scale of incomplete projects necessitated…
Read MoreConcerns As Senate Extends 2024 Budget Till December
