President presents FCT budget to Senate

 Sanni Onogu, Abuja

PRESIDENT Muhammadu Buhari on Wednesday forwarded the 2020 budget of the Federal Capital Territory Administration (FCTA) to the Senate for consideration and approval.  Senate President Ahmad Lawan read the President’s request letter at plenary.

In his letter, President Buhari noted that the request was in compliance with sections 121 and 299 of the 1999 Constitution (as amended).

The letter reads: “Pursuant to sections 121 and 299 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), I forward herewith, the 2020 statutory budget proposal of the Federal Capital Territory Administration, for the kind consideration and passage by the Senate.”

Also yesterday, the Senate approved the report of the Conference Committee of the Senate and House of Representatives on the Finance Bill 2019, recently passed by both chambers.

The Upper Chamber also on Wednesday referred President Buhari’s request for the confirmation of the Chairman and members of the Federal Inland Revenue Service (FIRS) to the Senate Committee on Finance for further legislative work.

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Besides, the screening of Edward Lametek Adamu as Chairman of Assets Management Corporation of Nigeria (AMCON) was also committed to the Finance Committee.

The committee, which is chaired by Senator Solomon Adeola, is expected to submit its report on December 18, 2019, before the National Assembly adjourns for the Christmas break.