Senate Leader Opeyemi Bamidele announced that the National Assembly is set to reconvene on December 29 to ensure the timely passage of the 2024 Appropriation Bill, this announcement was made during a press briefing held in Iyin-Ekiti, Ekiti State on Monday.
The move is aimed at sustaining the January-December budget cycle, a crucial aspect of fiscal planning.
Bamidele highlighted the expedited process, noting that federal lawmakers had curtailed their holiday period. He emphasized the streamlining of budget defense procedures, with ministries, departments, and agencies appearing before joint sittings of relevant committees from both the Senate and House of Representatives.
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“We have been sitting beyond our regular days, even on Saturdays, and may reconvene on Sunday as we approach the new year. Our objective is to pass the budget by December 30, placing the 2024 Appropriation Bill on the President’s desk for assent on January 1, 2024,” Bamidele stated.
Expressing concerns about economic sabotage, Bamidele addressed the issue of exchange rates and the deliberate efforts to restrict access to the naira. He revealed the Federal Government’s intention to take action against economic saboteurs in the coming year.
“The Federal Government will actively pursue and prosecute those responsible for making life difficult for Nigerians. Economic saboteurs, currency speculators, and those manipulating commodity prices will face the consequences of their actions,” he affirmed.
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Bamidele’s statements signal a commitment to tackling economic challenges and ensuring accountability, reflecting the National Assembly’s dedication to fiscal responsibility and the well-being of the Nigerian populace.
