Politics
Gbajabiamila Knocks FG Agencies Over Revenue Diversion
The Speaker of the House of Representatives, Femi Gbajabiamila, has revealed that some revenue generating agencies were diverting funds for unnecessary expenditures and forcing government to take loans.
Gbajabiamila revealed this at the commencement of the dialogue session on Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) organised by the Committee on Finance.
The session is for revenue consideration with heads of revenue generating agencies in attendance.
The Speaker in his speech noted that there was, “consistent failure to adhere to the revenue remittance agreements to which many of these agencies have committed.”
He, therefore, criticised the agencies for making government to seek loans to finance infrastructural development.
Gbajabiamila also warned that loans will not be sufficient to finance capital component of the budget.
“We have credible reports that these desperately needed funds have in many cases, been diverted to finance unnecessary trivialities. At the same time, the Government is left scrambling for alternative sources to fund priority projects.
“We recognise that we cannot accomplish these objectives using loans and outside financing alone,” he said.
Also speaking, the Chairman of the Committee, James Faleke, said that the focus will be on MTEF which President Muhammadu Buhari sent to the National Assembly before its annual recess.
Politics
LP Crisis: Ex-NWC Member Dumps Dumps Abure Faction
Mr Ojukwu, who recently returned to the interim National Working Committee led by Senator Esther Nenadi Usman, noted that the party had 34 elected members in the House of Representatives, eight Senators, and 80 members at the state Houses of Assembly after the 2023 general elections.
“Now we lost all of them,” he said. “I don’t think we have as many as five members in the National Assembly.”
The former national officer of the LP talked to journalists in Abuja and said he chose to join the caretaker committee led by Senator Nenadi-Usman because they are now the officially recognized leaders of the Party.
“I chose to work with the caretaker committee to help save the Labour Party, for the benefit of the party. I also want to use this chance to ask my colleagues at the national, state, and local government levels to come together and help rebuild our party.
“Another election is around the corner. We lost everything we have. They have left to other political parties. So I’ll reach out to all my friends in the other group to get together and work on making this party stronger again.
“The caretaker committee has formed a reconciliation committee. Let’s come together and talk so that we can restore the first opposition political party in Nigeria.”
Mr Ojukwu, who was part of the Julius Abure’s group, said there are no more factions in the LP.
He added, “There is a court ruling, and since it is valid, the right people are in the correct positions.”
He urged Barr Abure and others to drop the legal cases they have filed because they are not helping the party.
“Litigations are killing political parties”, he said. “They’ve seen many political parties disappear because of legal battles, and the Labor Party is losing support every day, which makes me feel sad.”
Mr Ojukwu said he did not think joining the Senator Nenadi-Usman’s NWC was a betrayal of the Abure group, describing himself as “the oxygen” of that faction.
“I’m with this group because of the verdict. But I never betrayed anybody. Rather, I was betrayed,” he added.
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