2022 budget: Reps approve N819bn supplementary from June to December 2023 - News Summed Up

2022 budget: Reps approve N819bn supplementary from June to December 2023


The House of Representatives on Sunday passed through Third Reading a bill seeking to extend the implementation of the 2022 Supplementary Appropriation Act of the Capital aspect from June 30, 2023, to December 31, 2023. Femi Gbajabiamila, solicited for approval for the capital expenditure component of the 2022 budget to be financed through new domestic borrowings. “The nine critical projects proposed in the water sector cuts across water supply, dam projects and irrigation projects nationwide. “I have therefore approved the supplementary 2022 Appropriation of N819,000,536,937, all of which are capital expenditures. Meanwhile, Chairman, House Committee on Water Resources, Hon.


Source: Nigerian Tribune May 28, 2023 16:11 UTC



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