Despite the delay by President Bola Tinubu to present the 2024 Appropriation Bill to the National Assembly, federal lawmakers have promised to treat the document with urgency and ensure it beats the December 31 deadline.
The National Assembly also said that the January to December budget implementation cycle would be maintained.
The Senate specifically assured Nigerians that the budget cycle as amended by the ninth Assembly to run from January to December would not fail.
The ninth Assembly had in 2019 amended the 2020 Appropriation Bill, from the May-June cycle to January to December as the budget cycle.
Nigerians had at different times expressed worry over the delay in the presentation of the 2024 budget.
Some experts further feared that President Bola Tinubu might not be able to meet the December deadline for the budget presentation.
Sources in the Presidency had said that Tinubu was expected to present the 2024 Appropriation Bill to a joint session of the National Assembly in the third week of November 2023.
“What is important now is for us to get it (the budget proposal). Once we get it, we will begin work on it. This is all I can say for now.”
