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Senate Passes N4.99tr Budget  print

Published on December 21, 2012 by   ·   No Comments

The Senate on Thursday passed the 2013 Appropriation bill of N4.99 trillion into law.

The Senate Deputy President,  Ike Ekweremadu, who presided over the plenary session, commended the National Assembly for passing the 2013 budget before the end of the year.

Ekweremadu noted that the National Assembly deserved to be commended because this was the first time since 1999 that both chambers passed the budget without going into conference.

He challenged the Executive to ensure effective implementation of the 2013 budget following its early passage.

He described the early passage of the 2013 budget as a vote for the maturity of the National Assembly and the progress of the nation’s democracy.

“I want to congratulate you on this achievement. I recall that in 2009, this Senate passed the Appropriation Act before going for Christmas.

“But this is the first time since 1999 that the two  chambers are passing the Appropriation Act before the end of the year without any need for any conferencing.

“I believe that this will challenge the Executive to ensure that there is proper implementation of the budget, starting from the first day of January 2013.

“I believe that now that we’ve passed the budget in earnest, there will be no excuse for the non-implementation of our budget.

“So, we expect that  the  2013 budget will be implemented to the fullest,’’ he said.

Ekweremadu urged the lawmakers to discharge their oversight functions effectively to ensure that the budget was properly implemented by the executive.

“This also challenges us to start from day one in January, 2013 our oversight duty to ensure the proper execution of the budget of 2013.

“So, I will like to call on every member of the NASS, to get ready for us to ensure the proper implementation of budget 2013,’’ he stressed.

Meanwhile, the senate has adjourned for the Christmas break. It will resume on 16 January.

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Posted by on December 21, 2012, 2:41 pm. Filed under National, News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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