Senate President Gives Appropriation Committee Ultimatum On Budget Defence
- As hopes continue to rise for the 2022 budget, the Nigerian Senate has assured that the appropriation bill will be passed by December
- The Senate president, Ahmad Lawan, said the Upper Chamber has to meet up with the scheduled date for the passage of the bill into law
- According to Lawan, to meet up with the date, the committee on appropriation must endeavour to conclude all budget defence by ministries and agencies in due time
The Senate committee on appropriation has been given a deadline to conclude all processes of budget defence by Wednesday, November 24.
The deadline was handed to the committee by the Senate president, Ahmad Lawan, on Tuesday, November 23.
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A statement signed by Ezrel Tabiowo, the special assistant to the Senate president on media and received by Legit.ng said Lawan reeled out how important it is for the subcommittees of the Senate to round up with the budget defence.
Lawan also said that the ultimatum given to the committee is necessary to enable the Senate committee to meet up with the December 14 timetable for the passage of the 2022 budget by the National Assembly.
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The Senate president said that if the budget defence is not concluded by Wednesday, the planned passage of the bill into law may be delayed.
Lawan further commended all ministries, departments and agencies of government for appearing before the committees of the chamber to defend their respective budget estimates.
He said:
"Tomorrow, no matter what, we have to conclude with the budget defense by the subcommittees before the committee on appropriations, and it is very important.”
He also added that he is glad that the Red Chambers has been able to finish the defence by the MDAs.
Senate approves fresh grant and loan for President Buhari
Earlier in the past week, the Senate had approved a grant of $125,000,000 sought as foreign loans by President Muhammadu Buhari.
Also approved by the Senate were loans of $16,230,077,718, €1,020,000,000; the issuance of €500,000,000 from the Bank of Industries and €750,000,000 Eurobond in the International market.
According to the Senate, a request of the terms and conditions of the loan from the funding agencies should be made available by the president.
Senate mourns victims of Sokoto bandits' attack
In other news, the Nigerian Senate conducted one-minute silence in respect of those who were killed by some bandits in a Sokoto state.
The victims of the bandit attack were killed while they shopped at the Goronoyo market in Sokoto on Sunday, October 17.
The information was made available to the Senate by one of the colleagues who said that bandits operating in the state now impose demands between N1 million and N20 million on villagers.
Source: Legit.ng
