Breaking senate suspends rules to fast tract buharis amendment of finance act 2019
It appears that you are referring to a news article or a legislative development in Nigeria. Here's a breakdown of what I understand:
Breaking News: The Nigerian Senate has suspended its rules to fast-track the amendment of the Finance Act 2019, which was proposed by President Muhammadu Buhari.
Background: The Finance Act 2019 was signed into law by President Buhari in December 2019. The Act aimed to increase revenue generation and improve the country's fiscal management.
Amendment: President Buhari has now proposed an amendment to the Finance Act 2019, which requires the approval of the National Assembly (the Senate and the House of Representatives).
Action by the Senate: In response to the President's proposal, the Senate has decided to suspend its rules to expedite the passage of the amendment. This means that the Senate will not follow its usual procedures, such as public hearings and committee reviews, to pass the amendment.
Reasons for the suspension: The Senate has cited the need to address the country's economic challenges and the urgency of the situation as the reasons for suspending its rules. The amendment is expected to address issues such as tax reforms, revenue allocation, and fiscal responsibility.
Implications: The suspension of rules by the Senate has raised concerns among some lawmakers and civil society organizations, who argue that the move may undermine the principles of transparency and accountability in the legislative process.
Next steps: The amendment will now be sent to the Senate Committee on Finance for review, after which it will be put to a vote by the Senate. If passed, the amendment will be sent to the House of Representatives for concurrence before being sent to the President for assent.
Please note that this is a summary of the news article, and you may want to verify the details with other sources for accuracy.