The Nigerian Senate has extended the implementation year of the 2021 Appropriation Act from 31st March to 31st May, 2022.
The extension was approved following the consideration of a bill to amend the 2021 Appropriation Act.
The bill sponsored by Senate Leader, Yahaya Abdullahi is titled, A bill for an act to amend the 2021 appropriation Act in order to extend the implementation year from 31st March to 31st May and for related matters 2022.
The lawmaker said the extension was necessary in view of the critical importance of some key projects nearing completion.
The Senate before considering the bill suspended Rule 78(1) of the Senate Standing Orders 2022 (as amended), to enable the upper chamber to expeditiously introduce and pass the bill.
Leading debate on the bill, Senator Abdullahi, recalled that prior Appropriation Acts were passed mid-year, with their implementation usually extended to the following year.
The lawmaker noted that in previous Appropriation Acts, these extensions were usually covered by a Clause, in line with provisions of Section 318 of the Constitution of the Federal Republic of Nigeria, that the Act runs for a period of 12 months, starting from the date it comes into effect.
Senator Abdullahi, explained that the extension of the budget period became imperative in view of the need to complete ongoing projects nearing completion.
The bill to amend the 2021 Appropriation Act was, thereafter, passed sequel to its consideration by the Committee on Supply.