Saturday, April 27, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

‘N20bn for aides, N4bn for recreation centre’ — inside national assembly’s 2024 budget

‘N20bn for aides, N4bn for recreation centre’ — inside national assembly’s 2024 budget
December 31
11:40 2023

On Saturday, the upper and lower legislative chambers passed the 2024 appropriation bill, increasing the budget from N27.5 trillion proposed by President Bola Tinubu to N28.7 trillion.

The budget size was increased by N1.2 trillion.

Following report presentations by the appropriations committee chairs — Solomon Olamilekan in the senate and Abubakar Bichi in the house of representatives — the 2024 appropriation bill cleared its third reading hurdle in both chambers.

The approved budget for the national assembly showcased a wide range of allocations, spanning from N3 billion for library books to N12 billion take-off grant for the library complex and N4 billion for a recreational centre.

Advertisement

The national assembly hospital project is expected to gulp N15bn while N20.39 billion was allocated for legislative aides and N6 billion was earmarked for car parks in the senate and the house of representatives.

Below are the line items that make up the national assembly budget for 2024.

S/N LINE ITEMS AMOUNT ALLOCATED
1 House of Representatives N78.62bn
2 Senate N49.14bn
3 National Assembly Office N36.727bn
4 General services N30.81bn
5 Legislative aides N20.39bn
6 Service Wide Vote N15.19bn
7 National Assembly Hospital project N15bn
8 National Assembly Service Commission N12.33bn
9 National Assembly Library Complex (take-off grant) N12.12bn
10 Construction of NASC headquarters (Ongoing) N10bn
11 National Institute for Legislative and Democratic Studies N9bn
12 Completion of ongoing NILDS building N4.5bn
13 National Assembly Recreation Centre N4bn
14 Design, construction, furnishing and equipping of the National Assembly’s Budget and Research Office N4bn
15 Procurement of books for the National Assembly Library N3bn
16 Senate car park N3bn
17 House of Representatives car park N3bn
18 Upgrade of key infrastructure in the National Assembly N3bn
19 Design, construction, furnishing and equipping of the assembly’s ultramodern printing press N3bn
20  Furnishing of committee meeting rooms for the House of Representatives N3bn
21 Furnishing of committee meeting rooms and other offices within the Senate building N2.7bn
22 National Assembly Pension Board (take-off grant) N2.5bn
23 Office of retired clerks & permanent secretaries N1.23bn
24 Constitution review N1bn
25 Public Accounts Committee (House) N150m
26 Public Accounts Committee (Senate) N130m
27 Senate Appropriations Committee N200m
28 House of Representatives Appropriation Committee N200m
29 Alternative power supply (Solar power system) N4bn
30 National assembly liabilities N9.9bn
31 National Assembly zonal liaison officer N3bn

Advertisement

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.