News
2021 Budget: Senators Divided Across Party Lines

As the Senate begins consideration of the general principles of the Budget proposal for 2021 fiscal year, yesterday, members of the Upper Chamber have expressed divergent opinions on workability of the N13.08 trillion proposal.
While the Senate Majority Leader; Senator Yahaya Abdullahi, painted a picture of a budget of hope, some of the lawmakers from the other divide saw it from a different angle.
Leading the debate, the Senate Leader, Yahaya Abdullahi, noted that the Senate leadership was fully aware of the proposed parameters in the budget proposal.
He, therefore, urged his colleagues to critically look at the proposals and ensure that all rough edges were fine-tuned.
His words: “It is important to note at the outset, that this proposal is not strange to the leadership of the National Assembly and the Committees of Finance and National Planning. All the parameters were discussed and agreed upon, at least in principle.
“What remains for us is to closely examine the contents and the details in order to sort things out and smoothen the rough edges.
“A budget deficit of N5.19 trillion represents 3.64% of GDP, and is therefore, above the threshold set by the Fiscal Responsibility Act, 2007.
“Even though the deficit is covered by N4.28trillion of new borrowing and funds obtainable from privatization proceeds and multilateral and bilateral sources, it is important for our committees on Finance to raise the matter for the National Assembly to permit this increase, as specified in the extant law, particularly given the special circumstances which made this necessary.
“It is also important to note that a budget deficit of this size requiring more indebtedness is not healthy for the long-term development of the country, but this must be tolerated now because of the challenges of the times”, he said.
While most of the PDP senators, who contributed to the debate, picked holes in the budgetary proposals, their APC counterparts said as bad as the situations on ground are, the budgetary proposals can still bring about required recoveries in various sectors of the nation’s economy as anticipated by President Muhamnadu Buhari, who christened the budget as one of “Recovery and Resilience”.
Other APC Senators like Aliyu Sabi Abdullahi, Orji Uzor Kalu, Uba Sani, Adamu Aliero, and Ibikunle Amosun, spoke in same direction, and expressed hope in the workability of the budgetary proposals.
However, the Senate Minority Leader, Enyinnaya Abaribe, in his contribution, dissected the budget proposals, and described it as mere old news.
According to him, “The 2021 Appropriation Bill proposes to spend N13.082trillion, with expected revenue of N7.886trillion and a deficit of N5.196trillion. As with the other budgets over the last few years, it looks impractical and unimplementable.
“The major challenge, as with previous budgets, is with revenue and an overly optimistic revenue target. The 2021 budget hopes that the federal government will be able to generate almost N8trillion. If history is anything to go by, this projection looks impossible.
“This overly optimistic position is not new in Nigeria but is part of a continuing pattern of false
optimism that has put the federal government’s accounts in the deep red and the country in dire straits.
“To demonstrate this point, the observers need to look at the performance of previous approved budget revenues and what were achieved as actual revenue.
“In 2016, Nigeria had an approved budget with revenue of N3.855trillion. By the end of the year, the total retained revenue was only N2.621trillion.
“This performance was a 32 percent shortfall, according to the budget implementation reports. In 2017, instead of trying to readjust to the reality of a difficult revenue situation, Government of Nigeria repeated the same overly optimistic exercise. The approved budget had revenue of N5trillion while actual revenue that year was only N2.37trillion.
“This performance was a whopping 53 percent shortfall. In 2018, Federal Government of Nigeria
repeated the same thing by submitted a budget that expected revenue to jump from N2.37trillion to N7.165trillion. By the end of the year, actual revenue was only N3.48trillion; a 51 percent shortfall. The story was the same in 2019 and 2020. In 2019 the revenue shortfall was 41 percent and so far in 2020 the shortfall is 38 percent.
“Here we are in 2021 and the submitted budget expects revenue to be N7.886trillion. Based on the half year numbers, Nigeria would be lucky to realise N3.3trillion in revenue in 2020 by the end of the year. Yet, the Executive expects revenue to increase by over 200 percent in 2021.
“When the Executive announces a N13trillion budget, the ministries and agencies take it as a signal that the largess can continue. A casual look at the Appropriation Bill contains items like SUVs for chief executives and fancy office buildings for agencies whch really do not need them.
“All of these things will count as “capital expenditure” without adding much to the productive ability of the economy. At a time when the Executive is on the verge of a serious fiscal crisis some of these proposed spending items are unnecessary.
“The budget betrays a lack of understanding of how modern economies functions.
Other PDP Senators; including Ike Ekweremadu, Gabriel Suswam, Oker Jev, among others, made their presentations against workability of the budget.
Debate on the general principles of the 2021 budget continues today, and tomorrow.
News
FG Awards Lagos-Abuja, Lagos-PH Super, Coastal Highway Contracts To AEC, Hitech
The Federal Government has unveiled plans to embark on a 460km superhighway project that would cut travel hours from Lagos to Abuja from about 14 hours to four-and-a-half hours and the Lagos-Port Harcourt Coastal Highway.
While the Abuja-Lagos Superhighway project was awarded to Advanced Engineering Consultants (AEC), the Lagos-Port Harcourt Coastal Highway was given to Hitech Construction Company Limited.
According to the Minister of Works, Engr. Dave Umahi, who addressed a press conference at Eko Signature Suites in Lagos on Saturday, September 23, the road would be built with concrete, not asphalt, and the construction through a Public Private Partnership (PPP) would be on a Build Operate and Transfer (BoT) arrangement with a consortium led by Advanced Engineering Consultants (AEC) under the chairmanship of Chief Kenny Martins.
Umahi announced that the highway running from Abuja through eight states to kiss the Fourth Mainland Bridge in Lagos will be completed in four years.
He said, “The President has approved that I should FastTrack this project.”
The minister said that at completion, an average vehicle traveling at 100km/hr could get to Lagos from Abuja in four and half hours.
“This is a journey that is more than 14 hours presently, so people found it hard to believe when this idea was introduced, but that is the Renewed Hope agenda of our divine President Bola Ahmed Tinubu. That is what God has brought him to do. He is the last hope for Nigeria, no matter what people say… Things that couldn’t have been done are being done under this administration… Nobody can fix Nigeria like Tinubu.
“This project is going to be two lanes, but the two lanes will be two carriageways – 14 meters; the only carriageway that is equivalent to this is the Third Mainland Bridge where each carriageway is 14 meters. It’s going to be built on 275-millimeter thick concrete… The lifespan will be 100 years. Bridges will be built and there will be tolling points.”
Umahi, who was accompanied by top officials from the Federal Ministry of Works and contractors, said, “We are here to FastTrack the development of the Greenfield of the PPP development under a new program of the Federal Ministry of Works which is the HDMI Programme (Highway Development and Management Initiative).
“Under this programme, there are two kinds, we have the Greenfield, and we have the Brown Field. The Greenfield is the one we are doing with the Advanced Engineering Company. They identified the project; they came up to discuss it with us; we threw the idea to the market; we invited investors; they made proposals… They won the bid to further engage us.”
The superhighway will pass through the FCT, Niger, Kogi, Kwara, Ekiti, Oyo, Ogun, and Lagos – Abuja, North-Central, and South-West.
Umahi said that the government would not put money into the project but would give the bid winners every support.
He commended the promoters of AEC, who he described as brilliant people.
“I’m very satisfied with their concept and what they have put in place. The next stage is to bring their business proposal so that we can negotiate on what the cost of the project will be. And then, they’ll go to the Ministry of Finance to negotiate the cost.
“We are building on concrete, so we can predict the cost; with asphalt, you cannot predict the cost. The cost of asphalt roads changes every month. Today, the dollar is almost a thousand naira. The oil price is almost $100 per barrel.
“Concrete roads are more durable and cheaper than asphalt. I’ve directed that the remaining jobs on all the ongoing projects that have not advanced up to 80percent must change to concrete.”
The minister also spoke on failed roads across the country putting the blame on civil servants.
He warned that any controller that allowed trucks to fall on the road under his supervision would go on indefinite suspension, and the director in that region would be recalled.
He said, “Hold civil servants responsible for failure of road projects. Civil servants in other parts of the country apart from Lagos stay in the office and issue certificates to contractors.
“I’ve inspected roads in South-West and South-East. I spent 14 hours traveling from Abuja to Benin. I had pains, and I was so happy having the pains because Nigerians are going through the pains on a daily basis.”
Umahi also blamed the failed road projects across the country on lack of supervision; “contractors took money and didn’t do the work. They constructed failed roads. Roads that could not stand three years. They could not even maintain the roads. Trucks are falling. Travelers pass through communities. People are being kidnapped. I went to Warri. I went to Bayelsa, the story is the same.
“In every contract, there’s provision to maintain the roads. If a contractor is greedy to take a project of 150km that should go to three contractors, he should be prepared to maintain it. I’ve created a platform where I have all the contractors and the directors inside. Everybody is back to work. It’s the directive of Mr. President. He said that he must not see vehicles falling on highways again. I will get whoever flouts the directive out of the way.
“I have just informed Mr President that in 30 days if no urgent attention is given to the road, nobody will pass from Bayelsa or Port Harcourt to Warri. And that is very dangerous. So, he directed that I should go and inspect the roads and bring comprehensive information on what should be done immediately.
“He is a man who listens. He’s in a hurry to solve people’s problems in this country. He’s very much in a hurry to change the story. From Bayelsa, I went to Port Harcourt, to Akwa Ibom, to Cross River, and from there I flew to Enugu yesterday evening by 6 o’clock to discuss this road matter with the governor of Enugu State.
“I’m also to reinspect the Third Mainland Bridge and start work on it immediately, and then discuss with the Ogun State governor on the HDMI.”
Fielding questions from reporters on challenges that PPP projects have been facing in Nigeria, Umahi said that things would be different this time.
“We will tie ourselves very well with irrevocable agreement. On the issue of Right of Way, they own the entire land until they recover the money invested. If the Federal Government reneges, they have to pluck their investment directly from the Federation Account.
“If the investment must work, it must not be subjected to political dynamism. It has to be a business venture. That’s why I like President Bola Tinubu. He inherited 18,000 km of roads, and 2,640 projects; there are still constituency projects that are over another 2,000 in number. So, you have over 64,664 Federal Government projects that are ongoing.
“He has not stopped any contractor. He wants to complete all those things. Certain leaders will say we want to do our own, that is gross irresponsibility.
“They (bid winners) are going to give me a letter of comfort; if they back out, they must pay us $10million. My coming here is at a cost, and nobody should waste our time.”
In his response, Chief Kenny Martins assured that the road would be the first of its kind with communication cyber cable, rail lines, and coastal areas.
“The road will be ICT complaint so that electronic vehicles can operate on the road; there will be all kinds of security and there will be solar lights, the whole 460kilometres of the road,” he said.
The minister also mentioned that the Federal Government is working to actualise another project, the Lagos-Port Harcourt Coastal Highway.
He said that Hitech Construction would fund the project under the PPP model.
Hitech is a division of the Chagoury Group, a business conglomerate in Lagos that oversaw the construction of the Lekki-Epe expressway and the Ajah flyover.
Umahi added that upon completion, the highway would have multiple spurs connecting major towns and cities, including a spur connecting Ogoja-Ikom-Cameroon Road.
“There will be a spur that will connect the proposed fourth mainland bridge in Lagos,” he said.
“It is also connected to the deep seaport road being constructed by Hitech, under the concrete technology and it is also connected at Lagos-Badagry to the proposed Lagos-Abidjan superhighway.”
He said there would also be multiple connections with roads leading to the northern parts of the country.
“There is a proposal for connection to Sokoto. I think about four to five connections to northern Nigeria,” he said.
Umahi described the project as a brainchild of President Tinubu, who asked him to also “fast track this project because it is going to be a catalyst towards the economic development of this country.
“Let me announce that it is under PPP. The Hitech Group is going to look for the money. They have already found the money and that is the good news because we don’t waste our time talking and holding meetings and wasting resources,” he said.
“We are engaging seriously because we have seen the financial capacity and capability of Hitech and this project is going to be delivered in phases.
“Any section that we complete, we will toll it, and then business and transportation will start.
“The right of way of this project is about a 100-meter corridor. There is provision for a rail line in the middle of the road which is about 20 meters.
“The road has four carriageways. Each of the service lanes is 10 meters wide. The main carriageway is 14 meters.”
News
FG Awards Lagos-Abuja, Lagos-PH Super, Coastal Highway Contracts To AEC, Hitech

The Federal Government has unveiled plans to embark on a 460km superhighway project that would cut travel hours from Lagos to Abuja from about 14 hours to four-and-a-half hours and the Lagos-Port Harcourt Coastal Highway.
While the Abuja-Lagos Superhighway project was awarded to Advanced Engineering Consultants (AEC), the Lagos-Port Harcourt Coastal Highway was given to Hitech Construction Company Limited.
According to the Minister of Works, Engr. Dave Umahi, who addressed a press conference at Eko Signature Suites in Lagos on Saturday, September 23, the road would be built with concrete, not asphalt, and the construction through a Public Private Partnership (PPP) would be on a Build Operate and Transfer (BoT) arrangement with a consortium led by Advanced Engineering Consultants (AEC) under the chairmanship of Chief Kenny Martins.
Umahi announced that the highway running from Abuja through eight states to kiss the Fourth Mainland Bridge in Lagos will be completed in four years.
He said, “The President has approved that I should FastTrack this project.”
The minister said that at completion, an average vehicle traveling at 100km/hr could get to Lagos from Abuja in four and half hours.
“This is a journey that is more than 14 hours presently, so people found it hard to believe when this idea was introduced, but that is the Renewed Hope agenda of our divine President Bola Ahmed Tinubu. That is what God has brought him to do. He is the last hope for Nigeria, no matter what people say… Things that couldn’t have been done are being done under this administration… Nobody can fix Nigeria like Tinubu.
“This project is going to be two lanes, but the two lanes will be two carriageways – 14 meters; the only carriageway that is equivalent to this is the Third Mainland Bridge where each carriageway is 14 meters. It’s going to be built on 275-millimeter thick concrete… The lifespan will be 100 years. Bridges will be built and there will be tolling points.”
Umahi, who was accompanied by top officials from the Federal Ministry of Works and contractors, said, “We are here to FastTrack the development of the Greenfield of the PPP development under a new program of the Federal Ministry of Works which is the HDMI Programme (Highway Development and Management Initiative).
“Under this programme, there are two kinds, we have the Greenfield, and we have the Brown Field. The Greenfield is the one we are doing with the Advanced Engineering Company. They identified the project; they came up to discuss it with us; we threw the idea to the market; we invited investors; they made proposals… They won the bid to further engage us.”
The superhighway will pass through the FCT, Niger, Kogi, Kwara, Ekiti, Oyo, Ogun, and Lagos – Abuja, North-Central, and South-West.
Umahi said that the government would not put money into the project but would give the bid winners every support.
He commended the promoters of AEC, who he described as brilliant people.
“I’m very satisfied with their concept and what they have put in place. The next stage is to bring their business proposal so that we can negotiate on what the cost of the project will be. And then, they’ll go to the Ministry of Finance to negotiate the cost.
“We are building on concrete, so we can predict the cost; with asphalt, you cannot predict the cost. The cost of asphalt roads changes every month. Today, the dollar is almost a thousand naira. The oil price is almost $100 per barrel.
“Concrete roads are more durable and cheaper than asphalt. I’ve directed that the remaining jobs on all the ongoing projects that have not advanced up to 80percent must change to concrete.”
The minister also spoke on failed roads across the country putting the blame on civil servants.
He warned that any controller that allowed trucks to fall on the road under his supervision would go on indefinite suspension, and the director in that region would be recalled.
He said, “Hold civil servants responsible for failure of road projects. Civil servants in other parts of the country apart from Lagos stay in the office and issue certificates to contractors.
“I’ve inspected roads in South-West and South-East. I spent 14 hours traveling from Abuja to Benin. I had pains, and I was so happy having the pains because Nigerians are going through the pains on a daily basis.”
Umahi also blamed the failed road projects across the country on lack of supervision; “contractors took money and didn’t do the work. They constructed failed roads. Roads that could not stand three years. They could not even maintain the roads. Trucks are falling. Travelers pass through communities. People are being kidnapped. I went to Warri. I went to Bayelsa, the story is the same.
“In every contract, there’s provision to maintain the roads. If a contractor is greedy to take a project of 150km that should go to three contractors, he should be prepared to maintain it. I’ve created a platform where I have all the contractors and the directors inside. Everybody is back to work. It’s the directive of Mr. President. He said that he must not see vehicles falling on highways again. I will get whoever flouts the directive out of the way.
“I have just informed Mr President that in 30 days if no urgent attention is given to the road, nobody will pass from Bayelsa or Port Harcourt to Warri. And that is very dangerous. So, he directed that I should go and inspect the roads and bring comprehensive information on what should be done immediately.
“He is a man who listens. He’s in a hurry to solve people’s problems in this country. He’s very much in a hurry to change the story. From Bayelsa, I went to Port Harcourt, to Akwa Ibom, to Cross River, and from there I flew to Enugu yesterday evening by 6 o’clock to discuss this road matter with the governor of Enugu State.
“I’m also to reinspect the Third Mainland Bridge and start work on it immediately, and then discuss with the Ogun State governor on the HDMI.”
Fielding questions from reporters on challenges that PPP projects have been facing in Nigeria, Umahi said that things would be different this time.
“We will tie ourselves very well with irrevocable agreement. On the issue of Right of Way, they own the entire land until they recover the money invested. If the Federal Government reneges, they have to pluck their investment directly from the Federation Account.
“If the investment must work, it must not be subjected to political dynamism. It has to be a business venture. That’s why I like President Bola Tinubu. He inherited 18,000 km of roads, and 2,640 projects; there are still constituency projects that are over another 2,000 in number. So, you have over 64,664 Federal Government projects that are ongoing.
“He has not stopped any contractor. He wants to complete all those things. Certain leaders will say we want to do our own, that is gross irresponsibility.
“They (bid winners) are going to give me a letter of comfort; if they back out, they must pay us $10million. My coming here is at a cost, and nobody should waste our time.”
In his response, Chief Kenny Martins assured that the road would be the first of its kind with communication cyber cable, rail lines, and coastal areas.
“The road will be ICT complaint so that electronic vehicles can operate on the road; there will be all kinds of security and there will be solar lights, the whole 460kilometres of the road,” he said.
The minister also mentioned that the Federal Government is working to actualise another project, the Lagos-Port Harcourt Coastal Highway.
He said that Hitech Construction would fund the project under the PPP model.
Hitech is a division of the Chagoury Group, a business conglomerate in Lagos that oversaw the construction of the Lekki-Epe expressway and the Ajah flyover.
Umahi added that upon completion, the highway would have multiple spurs connecting major towns and cities, including a spur connecting Ogoja-Ikom-Cameroon Road.
“There will be a spur that will connect the proposed fourth mainland bridge in Lagos,” he said.
“It is also connected to the deep seaport road being constructed by Hitech, under the concrete technology and it is also connected at Lagos-Badagry to the proposed Lagos-Abidjan superhighway.”
He said there would also be multiple connections with roads leading to the northern parts of the country.
“There is a proposal for connection to Sokoto. I think about four to five connections to northern Nigeria,” he said.
Umahi described the project as a brainchild of President Tinubu, who asked him to also “fast track this project because it is going to be a catalyst towards the economic development of this country.
“Let me announce that it is under PPP. The Hitech Group is going to look for the money. They have already found the money and that is the good news because we don’t waste our time talking and holding meetings and wasting resources,” he said.
“We are engaging seriously because we have seen the financial capacity and capability of Hitech and this project is going to be delivered in phases.
“Any section that we complete, we will toll it, and then business and transportation will start.
“The right of way of this project is about a 100-meter corridor. There is provision for a rail line in the middle of the road which is about 20 meters.
“The road has four carriageways. Each of the service lanes is 10 meters wide. The main carriageway is 14 meters.”
News
Reps Resume Plenary On Tuesday

The House of Representatives has said it would resume from its annual recess on Tuesday to continue the first legislative year of the 10th Assembly.
The Clerk of the House, Dr Yahaha Danzaria, said this in a statement in Abuja on Saturday.
The 10th Assembly proceeded on its annual recess on July 27.
This followed a plenary session during which Speaker, Hon Tajudeen Abbas, announced the leadership of the standing committees of the house.
Commenting on the resumption, the Spokesperson of the House and House Committee on Media and Public Affairs, Hon Akin Rotimi, said the 10th Assembly had been prolific.
He said since its inauguration, the house had recorded 470 bills, with all passing first reading, while four passed second reading.
He added that there had been 175 motions considered by the parliament.
He said in spite of the recess, it had continued to function, as various ad hoc committees continued to carry out their crucial mandates.
He said this had generated significant positive public interest.
Rotimi said some of the key early developments expected on resumption was the conclusion of the work of all ad-hoc committees and the submission of their reports.
He said this was for the consideration of the House in line with the directive of the speaker.
He said the house would get the final draft of its Legislative Agenda developed by the ad hoc committee, led by the Majority Leader, Hon Julius Inhonvbere.
He said it would be considered and adopted by the house, adding that the draft agenda was developed following extensive consultations with critical stakeholders.
He also said that the membership of the standing committees would be announced and fully constituted.
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