President Bola Ahmed Tinubu has asked the House of Representatives to extend the period for the implementation of the capital component of the 2023 budget from March 31, 2024, to June 30, 2024.
The President made the request in a letter read on the floor of the House by the Speaker, Abbas Tajudeen, during plenary on Wednesday, March 20.
In the letter, President Tinubu also asked the House to extend the implementation of the supplementary appropriation act from March 31, 2024, to June 30, 2024.
The President said the extension became necessary to ensure that the provisions of the two acts were fully implemented.