Despite oppositions, Reps pass bill extending validity of 2023 budget till Dec.

Despite opposition by some lawmakers, the House of Representatives passed bills on Thursday extending the implementation of the 2023 Appropriation Act and the 2023 Supplementary Appropriation Act until December 2024.

But this was not without opposition from some lawmakers, who expressed reservations about the propriety of giving accelerated passage to the bills.

The Acts were first extended on December 31, 2023 for a period of three months. The extension was a sequel to a request by President Tinubu via a letter to the two chambers of the National Assembly.

READ ALSO: Reps in closed-door session over extension of 2023 supplementary budget
Shortly before the expiration date, the president made another request for the extension of the two budgets until June 30, 2024, which the lawmakers gave speedy passage.

To attend to the president’s request, the lawmakers cut short their Sallah holiday to convene in Abuja to beat the June 30 expiration date.

The lawmakers were initially scheduled to resume on July 2.

While debating the bill, minority leader, Kingley Chinda (PDP, Rivers) expressed concerns that the country will be running three to four budgets until the end of the 2024 financial cycle if the request of the president is granted.

“We understand the implications from the letter we receive, it is mainly on capital projects and we cannot ask that capital projects should be abandoned. We cannot deny our country the benefits of capital projects. In principle, we might not oppose it but in terms of procedure, I feel a little bit worried. A situation where we have three budgets running concurrently is not good. This will even mean four budgets running simultaneously.

He recommended that the house step down the bill and go back to the drawing board by moving the uncompleted projects in the 2023 supplementary budget to the 2024 supplementary budget.

Chinda’s suggestions received applause from his colleagues but sparked a robust discussion among members, and was supported by Rep. Alhassan Ado Doguwa (APC, Kano), who, however, urged the House to pass the bills in the best interest of the country’s security and economy.

However, the speaker responded by appealing to the lawmakers to reconsider the president’s request which fell on deaf ears.

“We are aware that the supplementary budget of 2023 is largely security related and it is the intention of Mr. President to secure Nigerians. I want us to please urge our members to support this to enhance the security of our country,” the speaker pleaded.

Supporting the minority leader, Doguwa, said the move by the house to extend the validity of the 2023 supplementary budget was legal, but it has never happened in the history of the National Assembly.

He said, “Whatever we are doing must be accountable to the people. Each and every member here is representing a community and when we are discussion matter of budget, we should call a spade a spade. I agree with the submission made by the minority leader. This has nothing to do with the APC. It has never happened. When you have something coming unexpected like this, then we should expect that people will ask questions whether overtly or covertly.

“Even if it is legal it is unexpected, we have two budgets and a supplementary budget. It is legal but that moral aspect, for us as a house, I will appeal we allow this to go for now but the message has to be sent that the government should do the needful.

Aware that his colleagues were not ready to shift their grounds, the speaker called for a closed door session to allow lawmakers to address the issues.

Following their deliberations, the lawmakers, dissolved into the Committee of Supply to debate the various clauses in the money bills, all of which were carried.

Subsequently, the House reverted to plenary, where the bills were read for the third time and passed.

The post Despite oppositions, Reps pass bill extending validity of 2023 budget till Dec. appeared first on Guardian Nigeria News.

  • Related Posts

    PICTORIAL: New NNPCL boss Ojulari takes over from Kyari

    The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has officially assumed leadership of the company, succeeding his predecessor, Mele Kyari. A statement by the NNPCL’s spokesperson, Olufemi Soneye, on Friday, said Ojulari took over the reins of affairs after a brief handover ceremony held at the NNPC Towers,
    Read More

    The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has officially assumed leadership of the company, succeeding his predecessor, Mele Kyari. A statement by the NNPCL’s spokesperson, Olufemi Soneye, on Friday, said Ojulari took over the reins of affairs after a brief handover ceremony held at the NNPC Towers,

    Read More

    Navy seizes 400,000 litres of stolen crude in Delta operation

    Over 400,000 litres of stolen crude oil were recovered by the Nigerian Navy’s Operation Delta Sanity II across the Niger Delta in March 2025. Also, more than 30 illegal refinery sites were dismantled and several suspects linked to arms smuggling and oil bunkering were equally arrested by the operatives. According to a statement on Friday
    Read More

    Over 400,000 litres of stolen crude oil were recovered by the Nigerian Navy’s Operation Delta Sanity II across the Niger Delta in March 2025. Also, more than 30 illegal refinery sites were dismantled and several suspects linked to arms smuggling and oil bunkering were equally arrested by the operatives. According to a statement on Friday

    Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Trump’s new 14% tariff could hit Nigeria hard — here’s how

    President Tinubu appoints Ayo Sotinrin as new Managing Director of Bank of Agriculture 

    TECO Group Calls for More Innovators to Tackle Agrifood Industry Challenges 

    Denmark business school opens 2025 applications for fully funded PhD scholarships in AI and Statistics 

    SITA Redefines Airport Operations, Acquires CCM

    Official Statement from inDrive on Recent Ride-Hailing Industry Developments 

    Billionaire Zuckerberg’s net worth drops $17.9 billion as Meta stocks dip  

    Forex losses push International Breweries to N111.8 billion loss in 2024 

    FCMB Group reports pre-tax profit of N111.8 billion as interest and operating income surge 

    CBN links foreign debt service to $2.57 billion drop in FX reserves in Q1 2025 

    Dangote among global billionaires who lost combined $208 billion in one day from Trump tariffs 

    Nairametrics set to host first-ever Capital Market Choice Awards (NCMA) 

    eDryv: A Game-Changer in Urban Mobility 

    BREAKING: Court bars Akpabio, Natasha Akpoti, and Senate from granting interviews over alleged misconduct case 

    Unfair credit ratings pushing up costs of borrowing for African countries – ECA 

    China retaliates with 34% tariffs on US imports, escalating trade war 

    Nigeria seeks fresh $10.50 million World Bank loan to boost CBN’s technical capacity 

    Decisive factors: Octa carried out a global survey about brokers’ red flags    

    realme C75: Unbreakable Champion Beyond Quality—Redefining Smartphone Durability in Nigeria 

    House of Tara enters a new era: Meet the new Managing Director

    Lagos Independence Bridge to reopen on Sunday, traffic to be restricted to half carriageway – Umahi 

    World’s 2nd richest, Bezos loses $16 billion in 24 hours as Amazon shares fall 

    Brent Crude down by $10 a Barrel, Worst day since 2022

    Why Trump’s reciprocal tariffs may have less direct impact on Africa—Afreximbank Research 

    European organization offers job opportunities with work visa sponsorships for international applicants 

    Top 10 Nigerian stockbrokers by transaction value in Q1 2025 

    Nigerian Senate to address critical Tax Reform Bills after Easter holidays 

    Court orders final forfeiture of FIRS staff’s Abuja, Kano properties over alleged money laundering  

    Trump Tariffs: Why US matters less to Nigeria’s trade story – New report

    EFCC boss vows to tackle non-performing loans  associated with fraud across Nigeria  

    ISA 2025: Nigeria formally recognizes cryptocurrency as securities in new SEC Act 2025 

    Mining Marshals shut down illegal site in Nasarawa, arrest three foreigners 

    SON issues 107 product certifications to 44 companies in Anambra 

    Kwara Government partners IsDB to invest $57.2 million in livestock and rural development 

    Robust frameworks needed for transparent local government fund management in Nigeria – ICPC 

    ICPC re-arraigns Professor Igbinoba over alleged degree peddling and forgery in Benin