Featured post

Sean Dampte UK based singer, drops new track,‘Energy’

Friday, 2 August 2019

Senate Mulls Return Of Jan/Dec Budget Cycle

Senator Ahmad Lawan, President of the Senate, has expressed the desire of the ninth Senate, and indeed the National Assembly, is to have the budget cycle return to January to December.

“The budget 2020 is going to be part of what we want to do differently from the previous sessions of the Senate”, he said

He added that the expectation of the lawmakers is that the 2020 appropriation bill will be presented to the National Assembly on their return from the recess in September, even as he maintained: “It is our prayer and hope. It is desirable that that is done. Once that is done, it is our intention in the Senate and in the entire National Assembly that we devote a month of, possibly, October for budget defence only.

“In a situation that we are able to achieve that, there will be no more budget defence after October.

“Any ministry or agent of government that fails to appear to defend its budget, the National Assembly will take an appropriate action so that we are able to have November and a week or two in December to process and pass the budget and send it to Mr. President to sign in December before Christmas, and added that “We believe that if we are able to do that, our budget will go back to that regular cycle, that desirable cycle of January to December and that will enhance the budget performance of this country.”

He commended his colleagues for their sense of patriotism and commitment to duty in the prompt confirmation of the ministerial nominees, and added that the Senate is prepared to work with the executive for optimum performance but warned that the ninth Senate will be stiff when it comes to discharging its oversight functions.

“We are going to take our oversight very seriously because we will devote our time here to do the right thing and we expect that ministers and heads of government agencies will also do the right thing.

“Nigerians are desirous of going to the next level and we can only go to that next level when we are able to work together to make Nigerians and Nigeria better in terms of service delivery,” Lawan said.

The post Senate Mulls Return Of Jan/Dec Budget Cycle appeared first on Independent Newspapers Nigeria.

Source: Independent



CLICK HERE TO READ FULL CONTENT

Brought to you by: RIDBAY | WEBSITE DESIGN & DIGITAL MARKETING