Senate Brainstorms With MDAs, NGOs & Others On Budget 2024

The Senate Committee on Appropriations is organizing a one-day interactive session tomorrow on the 2024 Appropriation Bill presented by President Bola Ahmed Tinubu on Wednesday, November 29, 2023.

The session is to set a template for the speedy consideration and passage of the Appropriation Bill, christened “Budget of Renewed Hope” with the aim of maintaining the already established January- December budget cycle as well as ensure an impactful budget in the coming year.

Speaking with newsmen over the weekend when he held a preparatory meeting with all chairmen of Senate Committees on the preparation for consideration and expeditious passage of the bill, Senator Solomon Adeola (APC, Ogun West), chairman of the Senate Committee of Appropriation, stated that the chairmen were briefed on the need to have joint deliberation with their counterparts in the House of Representatives in view of limited time available adding that it is possible to pass the bill before the end of the year through such joint sittings and deliberation with concerned MDAs.

The chairman of the Senate Appropriation Committee stated that all heads of federal ministries, departments and agencies of government are mandated to be at the session while traditional rulers, non- governmental organizations, civil societies and other organizations with interest I our budgetary process are invited to join in the deliberations.

A renowned economist, Professor Ayo Teriba, the Chief Executive Officer of Economic Associates (EA) is the resource person to deliver a paper on “Budget and Budgetary Process: Delivering Improved Outcomes in 2024”, while the Minister of Budget and Economic Planning will provides some insights into focal points of the presented 2024 appropriation bill.