Sectoral Considerations to Follow Second Reading of 2024 Budget - Representatives Prepare for Negotiations
The Nigerian House of Representatives will begin its sectoral consideration of the 2024 budget after its second reading. This budget is intended to stimulate socio-economic development in Nigeria and will focus on job creation, access to critical infrastructure and improved quality of life. The Nigerian House of Representatives is committed to ensuring the 2024 budget is equitable and inclusive, and driven by public opinion.
The House of Representatives has announced that it will soon begin the sectoral debate and consideration of the 2024 Appropriation Bill. The announcement was made in a statement signed by the spokesperson, Akin Rotimi. The House Committee on Appropriations has already released the sectoral allocations for scrutiny.
The budget proposal, presented by President Bola Tinubu, had already passed the second reading in the House after two days of debate. Legislative action on the bill has now commenced.
On December 2, 2023, further legislative steps will be taken, including a briefing by the Chairman of the House Committee on Appropriation to guide the leadership of all House Standing Committees on the process of scrutinizing and considering the budget proposal. The process of engaging Ministries, Departments, and Agencies for budget defense will also be discussed.
The House Committee on Appropriations has released the sectoral allocations for due scrutiny. The 10th Assembly of the House of Representatives is committed to ensuring a transparent, inclusive, and thorough process of budget consideration, in line with their Legislative Agenda.
