The senate on Saturday held an emergency plenary session to
consider the 2022 supplementary budget.
Senate President Ahmad Lawan presided over the emergency
plenary.
Apart from the supplementary budget, the legislations
considered were the CBN Act Amendment Bill, the Nigerian Minerals and Mining
Act (repeal & re-enactment) bill, and the Nigerian Weight and Measures
Regulatory Agency (establishment) Bill.
At the start of the plenary, Lawan apologised for the
emergency session, saying it was convened to hasten the implementation of the
2022 supplementary budget.
In March, the senate passed two bills seeking to extend the
implementation of the capital components of the 2022 budget till June 30.
“This is not a normal sitting day. This is a special session
and I apologise for that,” Lawan said.
“Essentially, what we are trying to do here is; we have
passed the supplementary budget and the implementation lapses end of June and
the majority of what is in that act are roads and bridges that were destroyed
by the 2022 floods.
“And of course, we
need the roads to be fixed. If we don’t hasten it and the rain takes over, it
may be near impossible to rehabilitate those roads and bridges.”
Lawan said the senate will pass the bill alongside the house
of representatives so as to allow the implementation of the supplementary
budget to continue after the stipulated June 30 deadline.
Thereafter, the bills were read for the first and second
time.
After the consideration of the report, the bill for an act
to amend the 2022 supplementary appropriations act and the bill for an act to
amend the Central Bank of Nigeria Act were read for the third time and passed.
The implementation year for the supplementary budget was
thereby extended to December 31.
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