Defend your budget in 24 hours or lose allocation - Reps tells trade minister

Defend your budget in 24 hours or lose allocation - Reps tells trade minister

- The House of Representatives has given the ministry of trade and investment another room to defend its 2019 budget

- The House committee on commerce, headed by Sylvester Ogbaga, gave the ministry an ultimatum of 24 hours to defend its budget

- Ogbaga said that the ministry's failure to do so will bring about its forfeiture of it allocation

The House of Representatives committee on commerce has again stepped down the budget consideration of the ministry of trade and investment headed by Okechukwu Enelamah.

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The resolve was reached on Thursday, April 4, following the ministry’s absence at the 2019 budget defence before the committee.

Sylvester Ogbaga, the chairman of the committee threatened to approve ministry allocation for the ministry in the budget upon failing to defend its budget.

Decrying Enelamah's continued absence at the defence, Ogbaga said that the minister travelled “without notifying the committee” or writing it to mandate the permanent secretary to represent him, adding that the minister has a lot of clarification to do about the 2018 budget.

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Ogbaga further disclosed that moves to carry out an oversight visit to the ministry had proven abortive due to “some unreasonable excuses from the minister.”

Earlier, Legit.ng reported that the Senate committee on trade and investment had rejected the ministry’s 2019 Budget of N15.63 billion.

The rejection followed alleged discovery of an illegal Special Economic Zone Company, listed for appropriation when the Minister of Trade and Investment Okechukwu Enelamah appeared for budget defence on Monday, April 1.

The chairman of the committee, Senator Sabo Mohammed, while referring to item two on page seven of the budget booklet presented by the ministry, said the company was not known to be one of the 17 agencies under the ministry.

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Source: Legit.ng

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