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National Assembly To Pass 2023 Budget After Christmas

Strong indications have shown that the National Assembly will pass the 2023 Appropriation Bill next week.

President of the Senate, Ahmad Lawan; and Speaker of the House of Representatives, Femi Gbajabiamila, had at several times during the week revealed that the Federal Government budget would be passed on Thursday when the lawmakers were expected to embark on Christmas and New Year break.

However, it was observed that the laying of the report was not listed on the Order Paper for the day.

Several lawmakers blamed the delay on the 2022 Finance Bill and Supplementary Appropriation Bill recently transmitted to the National Assembly for consideration and passage.

President Muhammadu Buhari had only on Wednesday transmitted the Finance Bill, while the supplementary budget was gotten by the parliament on Thursday.

With this, there is uncertainty over the maintenance of the January-December budget cycle, which the current 9th National Assembly restored three years ago.

After the National Assembly passes and transmits the budget back to the Executive, the relevant ministries, majorly the Ministry of Finance, Budget and National Planning, usually check the content thoroughly before the president signs it into law, a process that sometimes takes weeks.

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