Senate: Committees Must Submit 2024 Budget Reports in 48 Hours
The Joint National Assembly Committee on Appropriations has given a firm 48-hour deadline to sub-committees for their reports on the 2024 budget.
After President Bola Tinubu presented an N27.503 trillion budget, with N18.324 trillion in targeted revenue and an N9.18 trillion deficit, sub-committees are submitting reports.
Senator Olamilekan Adeola heads the committee on Appropriations and urges adherence to the deadline, emphasizing the goal of maintaining the January-December budget cycle.
Agencies or committees not meeting the deadline are assumed to grant omnibus power for independent budget treatment.
The push for a timely budget reflects the commitment of the National Assembly.
