President Bola Tinubu has written to the National Assembly for the extension of the 2023 capital budget implementation timeline from March 31, 2024, to June 30, 2024.
The Speaker of the House of Representatives, Hon. Abbas Tajudeen, read the letter from the President on Wednesday during the plenary session.
According to the President, the extension was required to guarantee that the key targets in the Main and supplementary budget are achieved.
The extension of the 2023 budget implementation is coming barely 24 hours after the Speaker read a Bill forwarded by the President, which seeks to improve the welfare of judicial officers for passage..
Hon. Tajudeen read the Bill in plenary on Tuesday, which the President stated was intended to provide judicial officers and employees with better pay and benefits, along with other fringe advantages.
The Bill which is titled ‘A Bill for an Act to Prescribe the Salaries, Allowances and Fringe Benefits of Judicial Office Holders in Nigeria and for Related Matters’ is already slated for deliberations by the lawmakers.