Chairman Senate Committee on Appropriation, Danjuma Goje has said the Senate may pass the 2017 Appropriation Bill before May.
Goje who disclosed this on Monday warned heads of Ministries, Departments and Agencies (MDAs) to desist from the practice of mopping up of funds at the end of March, 2017.
He said the lifespan of the 2016 budget would end on May 5, 2017.
Goje said the National Assembly maybe compelled to extend the validity period of the budget, in the event that it is unable to pass the 2017 Appropriation Bill on or before the midnight of May 5, 2017.
He said: “Last year, when we were producing this 2016 Appropriation Bill, we realized that at the end of each year, there were usually requests for an extension of the budget from the executive. To avoid that, we decided to incorporate this new thing.
“In the 2016 Appropriation Act, which President Muhammadu Buhari signed into law, clause 11 of it says that “in line with the provisions of Section 318 of the Constitution of the Federal Republic of Nigeria 1999, as amended, this bill will run for a period of 12 months, starting from the day it is assented into law.”