Tinubu submits additional 2024 supplementary budget proposal for FCTA

Date:

By Christiana Ekpa

President Bola Tinubu has written to the House of Representatives to submit an additional Supplementary Budget Proposal to the 2024 Statutory Appropriation for the Federal Capital Territory Administration (FCTA) for consideration and passage.
In a letter to the House dated September 19, 2024, the President said this request was in accordance with the provisions of Section 121 of the Constitution of the Federal Republic of Nigeria.
He said the proposal was 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.
The letter, which did not specify any sum, was read by the Speaker Tajudeen Abbas during resumption of plenary on Tuesday.
It reads, “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.”
“This was the only legislative activity carried out by the House as it adjourned proceedings to Wednesday in honour of of Senator Ifeanyi Ubah who died when the National Assembly was on recess.”

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