House of Reps steps down second reading of 2019 appropriation bill again

House of Reps steps down second reading of 2019 appropriation bill again

- House of Representatives has again stepped down second reading of 2019 appropriation bill

- The bill was first stepped down on January 16 due to poor circulation of copies of the bill to the lawmakers

- Deputy speaker of the House, Lasun Yusuf, who presided over plenary, said the second reading would now take place on January 23

The House of Representatives on Tuesday, January 22, stepped down the second reading of the 2019 Appropriation Bill for a second time.

Channel TV reports that the House said the decision was to enable members to properly study the bill before the commencement of the debate on it.

Legit.ng gathered that the bill was first stepped down on January 16 due to poor circulation of copies of the bill to lawmakers.

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The deputy speaker of the House, Lasun Yusuf, who presided over plenary, said the second reading would now take place on January 23.

Meanwhile, Legit.ng had previously reported that President Muhammadu Buhari on Wednesday, December 19, proposed a budget of N8.83 trillion for 2019 to a joint session of the National Assembly as he said the budget was prepared after wide consultations.

According to the budget, about a quarter of the sum (N2.14 trillion) will be used for debt servicing while N2.031 trillion will be used for capital expenditure, Premium Times reports.

It was gathered that proposed recurrent expenditure is N4.04 trillion, statutory transfer is N492.36 billion, there is a sinking fund of N120 billion, while capital expenditure is N2.031 trillion.

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Nigeria News 2018: Nigerians Blow Hot as President Buhari Signs 2018 Budget in June | - on Legit TV

Source: Legit

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