Politics
N37bn NASS Renovation: When A Budget Becomes A Burden
The N37 billion earmarked for the renovation of phase one of the National Assembly which comprises of the two chambers, the dome, committee rooms and offices within the White House, has sent shivers down the spines of many Nigerians.
Instead of sinking such huge sum in one building that is still very much alive, some Nigerians wonder why a country described as the poverty headquarters of the world, where its citizens cannot afford three square meals in a day could be so careless with money.
The money, some school of thought pointed out, can generate job opportunities for Nigerian citizens and remove hunger and poverty from many homes.
Many Nigerians who read or heard about the amount earmarked for the renovation, asked if the money is meant to construct another National Assembly from its foundation, noting that the sum, if judiciously used, could build many schools, hospitals and many other things needed for the wellbeing of this nation.
A critical analysis of the money shows that it is more than the budgets of some ministries, departments and agencies.
For a country with the problems of power, infrastructural development, good roads, food security, housing deficit among others, to have earmarked such a huge amount of money for the renovation of a building built with just N7 billion in 1999, shows that Nigeria is drifting towards a dark tunnel.
Ajaokuta Steel, which many experts said would create so many job opportunities for Nigerians, has been laying waste over the years because of lack of funds to put finishing touches to the project.
Analysts have also taken a critical look at the policy statement and decision of government some times and concluded that many of the problems facing the country are misplaced priorities.
The educational sector in the country, which is supposed to be given priority in the scheme of things, is begging for serious attention and most of the infrastructures are decayed and in some cases, children receive lectures in the open, while some schools cannot boast of good buildings, seats or tables.
A critical analysis of the budget shows that the increase of the 2020 budget by N264 billion, increased some subheads. President Muhammadu Buhari had presented a budget of N10.33 to the National Assembly, which was increased by the lawmakers to N10.59 trillion.
However, the increase in the budget has resulted in the hike of many sub heads in the aspects of the budget that related to the National Assembly.
Apart from the statutory allocation which increased from N125 billion to N128 billion, the N10 billion earlier proposed for some renovation work at the National Assembly was increased to N37 billion. The renovation is the responsibility of the Federal Capital Development Authority (FCDA).
Some Nigerians have raised concern over the increase and are telling the government to be sensitive to the plight of the people, as the lopsided attitude of the government towards the people is fuelling insecurity, hatred and bottled up anger that can explode at any given time.
The explanation of the President of the Senate, Ahmad Lawan, that the complex, built about 20 years ago, was now rather dilapidated, didn’t go down well with many Nigerians.
Lawan had said that “when we resumed office (at) the National Assembly Complex, we noticed that many parts of the National Assembly complex were dilapidated.
“We convened a meeting involving the management of the National Assembly, the Federal Capital Development Authority, Speaker of the House of Representatives and I. We had an exhaustive engagement. The Speaker and I later met with Mr. President and we told him the situation of the complex.
“Since the takeover of the complex, there was never, ever, any major rehabilitation or renovation, 20 years ago. Mr. President responded by telling us that he was going to renovate the National Assembly. We went back to continue the engagement with the National Assembly management and the FCDA.
“Eventually, we took what is required to renovate the phase one of the project. This includes the two chambers, the dome and other committee rooms and offices within the White House.
“N37bn was sourced and was approved and put under the FCT, not under the National Assembly.”
Lawan had said that the project would be executed by the FCDA because the National Assembly is a national monument, adding that “all we require is to have the National Assembly complex renovated, including the reconfiguration of the two chambers and of the Press Centre.
“We have the opportunity, after 20 years, to embark on the renovation of phase one (of the) building of the National Assembly. When we are through with the phase one, we will go to phase two.”
Reacting to this development, the Peoples Democratic Party (PDP) had described the N37 billion claimed to be for the renovation of the National Assembly complex as an unpardonable rip-off plot and a last straw of alleged corruption that pervades the President Muhammadu Buhari-led APC administration.
The party said it is indefensible for the Buhari Presidency to propose a whooping N37 billion for renovation work on the National Assembly complex, which was built at the cost of N7 billion.
The main opposition party in the country, in a statement by its spokesman, Kola Ologbondiyan had said, “our party insists that the over 500 percent padding of the original construction cost is completely insupportable even with the prevailing costs and exchange rate regime, a development that has already spurred public outcry and apprehensions of plots to divert the fund for political interests of certain APC leaders.
“The over bloated renovation figure is therefore not only sacrilegious but also further confirms that the APC-led administration is overtly corrupt and only out to steal, drain and divert our national resources for selfish purposes of certain individuals in the present administration.”
Aside the PDP, other Nigerians have also condemned the whopping sum budgeted for the renovation of National Assembly complex, insisting that if government is sensitive and sincere with the people, with the level of poverty and insecurity in the land, such would not have been contemplated.
The N37 billion, which is embedded in the budget of the Federal Capital Development Authority (FCDA), has already been approved by President Buhari.
Will the cry and the condemnation trailing the budgeted sum change the narrative and will the federal government listen to the voice and opinion of the people and use the money for other pressing needs?
Like the PDP said, the burden of explanation is on Mr. President’s doorsteps.
Politics
UI Professor Emerges PDP Chairman In Oyo
The Tide source reports that Prof. Akinoso was elected alongside 38 other executive members of the party at the congress held on Saturday.
Other executive members are Dr Abiola Olaonipekun, who emerged as Secretary, Alhaja Latifah Latifu, Women Leader and Mr A. Adeleke, elected as Youth Leader.
It was learnt that the congress, which took place at the Obafemi Awolowo Stadium, Oke Ado in Ibadan, was attended by representatives of the Independent National Electoral Commission (INEC), the Police, other security agencies and prominent members of the party.
The election was supervised by electoral committee members, among whom were Prince Diran Odeyemi, who served as Chairman, Hon. Awoniyi Tolulope, Mr Babatunde Gbadamosi, Queen Stepheine Oyechere, Alhaji Yusuf Abidakun, Mr Olumide Aguda and Dr Phillips Adeniyi, who served as Secretary.
Prof. Akinoso, in his inaugural address, urged members of the party to set aside intra-party differences.
He advised them to concentrate their resources on the promotion of the party, saying, “The primary responsibilities of party executive members are to coordinate party activities, ensure harmony among members, and ensure party victory during general elections.
“Our immediate assignments are to key into INEC released 2027 general election time-tables. As directed by the National Caretaker Committee of PDP, our party e-membership registration starts next week. We must be fully involved and do a membership drive.
“A political party is only relevant and benefits its members if it wins the election. This is our goal. We should set aside intra-party differences; concentrate our resources towards the promotion of the party. We will make necessary consultations and dialogue to actualise this”.
Politics
I Was Stubborn At The Beginning Of My Govt – Tinubu
President Tinubu disclosed this during an interfaith breaking of fast with senior journalists and media executives at the Presidential Villa in Abuja on Saturday.
He also disclosed that his administration had opened up on the principles of true federalism to the extent that local governments now get direct allocation from the Federal Government.
“There’s no morning that I ever leave my house without going through the newspapers. It’s an addiction. I read all of you.
“It might not be in full detail, but headline, the one that would hit me and the ones that won’t.
“At the beginning of this administration, I was just a little bit stubborn, looking at opportunities to correct things and make life more easier for the downtrodden.
“We’ve opened up the principle of federalism to the extent that local governments are now getting their money, but how they use it is in your hands. So, don’t bombard me alone,” President Tinubu said.
Politics
You’re Misleading Nigerians, APC Slams ADC Over Poverty Rate Report
The ruling party said the ADC had turned criticism of the APC-led administration into its operating manifesto instead of presenting concrete solutions to Nigeria’s economic challenges.
In a statement issued on Saturday by the APC National Publicity Secretary, Mr Felix Morka, the party dismissed the ADC’s interpretation of a report presented at a policy dialogue organised by Agora Policy which suggested that the country’s poverty rate had risen from 49 per cent to 63 per cent.
Mr Morka said the opposition party’s reaction to the report as a “damning verdict” on the government’s economic policies reflected either ignorance of economic realities or deliberate political mischief.
“The African Democratic Congress’ attempt to spin a recent report presented at the Agora Policy dialogue indicating a rise of poverty rate of 63 per cent from 49 per cent as a damning verdict on this administration’s economic policies speaks either to its shocking ignorance of economic policy or its wilful blindness to the justification for, and transformative impacts of, ongoing economic reforms,” he said.
The APC spokesman noted that the report itself recognised the necessity of reforms aimed at correcting long-standing structural distortions in the economy.
According to him, the ADC had failed to present any credible alternative policy direction for Nigerians.
“Clearly, the ADC does not recognise itself as a political party. The ADC has not articulated a single alternative policy position or prescription of benefit to Nigerians. Condemning the APC and its policies has become its operating manifesto,” Mr Morka said.
He explained that major economic decisions taken by President Bola Tinubu, including the removal of fuel subsidy and the unification of multiple foreign exchange windows, were necessary steps to rescue the country’s economy from collapse.
Mr Morka said the subsidy regime had for years placed a heavy burden on public finances, consuming trillions of naira annually while encouraging corruption, fuel smuggling and inefficiencies in the system.
He added that the reforms had helped redirect national resources to key sectors such as infrastructure, healthcare, education and social development.
The APC spokesman acknowledged that economic reforms often come with short-term hardship but stressed that the measures were essential to build a stronger and more resilient economy.
“Economic reform is never cost-free anywhere in the world. The transient hardship experienced by Nigerians was an inevitable cost of reforms meant to build and guarantee a better future for all Nigerians,” he said.
Mr Morka maintained that the country’s economic outlook was already improving, citing recent growth figures and stronger external reserves.
“Our economy has rebounded and is expanding steadily. The country’s Gross Domestic Product grew by 4.4 per cent last year and is projected to expand by 5.5 per cent this fiscal year, with foreign reserves now exceeding $50 billion,” he stated.
He also pointed to government initiatives designed to cushion the effects of economic adjustments on citizens, including cash transfer programmes, student loan schemes and the rollout of compressed natural gas (CNG) initiatives to reduce transportation costs.
Mr Morka reaffirmed that the APC-led administration would remain focused on rebuilding the economy and expanding social investments to support vulnerable Nigerians.
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