N465.64bn supplementary budget passes second reading at House of Reps 

62

House of Representatives was prompt with the 2015 Supplementary budget  submitted to the National Assembly by President Muhammadu Buhari, passing the N465.64 billion proposal through second reading Thursday.

Leader of the House, Femi Gbajabiamila, who led debate on the bill stressed that the supplementary budget became necessary due to the short fall in oil revenue.

He noted that its approval will further enhance the fight against insurgency and pay for oil subsidy.
 Tahir Monguno (Borno-APC) said that the budget when passed would help in funding the military to curb insurgency in the country.
Nkiruka Onyejeocha (Abia-PDP) spoke against the timing of the bill and demanded the level of implementation and performance of the current 2015 Appropriation Act.
She argued that December 31 is fast approaching and said there was no need for a supplementary budget especially when the 2015 budget as approved had not been exhausted.
After the debate, a positive voice vote by members saw the bill through the second reading.
Consequently, the Speaker, Yakubu Dogara, referred the bill to the Committee on Appropriation for further legislative action.
 Chairman of Committee on Media and Public Affairs, Abdulrazak Namdas (Adamawa-APC) after plenary assured that the house would do what was in the interest of the public. 

Comments are closed.