Tinubu Asks Senate For Early Approval Of External Borrowing Plan
President Bola Tinubu has written to the Senate requesting consideration and early approval of the 2022-2023 External Borrowing Plan to ensure prompt implementation of projects.
The President of the Senate, Godswill Akpabio, on Wednesday also announced Tinubu’s request for confirmation of the Nomination of the 10 Resident Electoral Commissioners for the Independent National Electoral Commission (INEC) in accordance with the provisions of Section 154(1) of the constitution, with the Senate commencing their screening.
He also requested the confirmation of the appointment of the Chairman of the Federal Civil Service Commission, Prof. Tunji Olaopa, alongside 11 other nominees.
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The Senate President referred the request to the Establishment and Public Service Matters Committee.
This is coming a day after the President wrote the National Assembly, seeking the approval of the sum of N2,176,791,286,033 as 2023 supplementary budget to address labour wage adjustments, security and more.
The 2023 Supplementary Appropriation Bill expeditiously scaled second reading on Tuesday in the House of Representatives and the Senate as lawmakers said it is for the benefit of the country.
The President also sent the 2024-2026 Medium Term Expenditure Framework (MTEF) & Fiscal Strategy Paper to both chambers of the National Assembly,
Akpabio, subsequently referred the request to a joint committee on Finance, Appropriations and National Planning and Economic Affairs to review and approve the proposed MTEF ahead of the commencement of the budget preparation.
