Lalong Sends N15.2bn Supplementary Budget To Assembly

//Lalong Sends N15.2bn Supplementary Budget To Assembly

Mr Joshua Madaki, Speaker of the House, who read the request to his colleagues during plenary on Thursday, said that it was in tandem with section 121 of the 1999 constitution as amended. He explained that in the N15.2 supplementary budget, more than N6.3 billion would go into recurrent expenditure while capital expenditure would gulp N8.9 billion. Madaki quoted Lalong as adding that the supplementary budget became imperative to complement the implementation of the over N127.5 billion earlier appropriated for the 2018 fiscal year.

The governor was also quoted as urging the assembly to consider and expedite the passage of the supplementary budget into law. The House unanimously approved November 27, for its second reading.

 

2018-11-23T07:44:38+00:00