2022 Fiscal Year: Senate Extends Budget Implementation Deadline To June 30

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The Senate has further extended the implementation of the capital component of the 2022 budget from March 31 to June 30, 2023.

The extension followed a debate by the senate leader, Senator Gobir Ibrahim (Sokoto East), requesting the amendment of the Appropriation Act 2022 by the upper chamber.

The lawmakers relaxed their standing rules to grant accelerated consideration and approval to enable him to read the bill for the first, second and third time before its passage.

The Senate leader had explained that the extension will enable the government to implement key projects in the capital component of the 2022 budget and allow for the completion of ongoing projects critical to the current administration.