Nigeria’s Green Chamber, the House of Representatives, has okayed the N553.7 billion budget for the Nigerian Communications Commission (NCC) for 2023.
This followed the adoption of the report of its Committee on Telecommunications on the budget of the Nigerian Communications Commission for 2023. The report entitled ‘Report of the Committee on Telecommunications on the issue from the Statutory Revenue Fund of the Nigerian Communications Commission’, the total sum of N553.72billion only, of which the sum of N72.13billion only is for recurrent expenditure, while N4.06billion only is for capital expenditure;
“The sum of N23.81billion only is for special project, while the sum of N10billion only is for transfer to the Universal Service Provision Fund; N443. 6billion only will be transferred to the Federal Government of Nigeria, and the sum of N16billion only is for the budget of the Universal Service Provision Fund for the period ending 31 December, 2023.”
Also, the President, Major General Muhammadu Buhari (retd.) transmitted to the House of Representatives, the proposed budget of the Federal Capital Territory for 2023.
Deputy Speaker of the House, Ahmed Wase, who presided over the plenary on Tuesday, read out Buhari’s cover letter on the appropriation bill to members.
The letter entitled, ‘Transmission of the FCT 2023 statutory budget proposal’ read: “Pursuant to Section 121 of Constitution of the Federal Republic of Nigeria1999 (as amended), I forward, herewith, the Federal Capital Territory’s 2023 statutory budget proposal for the kind consideration of the House of Representatives.
“In the preparation of the Federal Capital Territory’s 2023 statutory budget proposal, the Federal Capital Territory Administration aligns with the Federal Government’s laudable fiscal development policies.
“Accordingly, the FCT 2023 budget proposal prioritises improvement in health care services, job creations, youth empowerment, social welfare services, education and increased productivity in agriculture, in order to lift significant numbers of our citizens out of poverty.
“While hoping that this submission will receive the usual expeditious consideration of the House, please accept, Right Honourable Speaker, the assurances of my highest consideration.”
