New Telegraph

BREAKING: Tinubu Forwards FCT’s 2024 Supplementary Budget To Reps

President Bola Tinubu on Tuesday forwarded the 2024 supplementary appropriation bill for the Federal Capital Territory (FCT) to the House of Representatives for approval.

New Telegraph reports that the details of the proposed supplementary were however not provided in the letter.

The Speaker of the House of Representatives, Tajudeen Abbas read the letter at the resumption of plenary from the long vacation on Tuesday.

In the letter dated September 19, 2024 and addressed to the speaker, the president said “I write in accordance with the provisions of Section 121 of the Constitution of the Federal Republic of Nigeria, to forward herewith an additional Supplementary Budget Proposal for the FCTA for consideration and passage by the House of the Representatives.

“This Supplementary Budget Proposal has been prepared on the basis of the FCTA’S reviewed revenue and expenditure forecasts and is aligned with the fiscal and developmental policies of the Federal Government and the Renewed Hope Agenda.

“With it, the FCTA continues to prioritise improvement of human capital and infrastructure within the Federal Capital Territory.

“While I trust that the House of Representatives will in their usual expeditious manner consider and approve the 2024 Supplementary Budget Proposal of the FCTA, please accept, Rt. Honourable Speaker, the assurances of my highest consideration and regards”

Recall that the House had in June 2024 passed an N98.5bn budget for the FCT.

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