Politics
No Budgetary Approval For CAC -Reps
The House of Representatives has said that there would be no 2022 budgetary approval for the Cooperate Affairs Commission (CAC) until its financial report from 2016 to 2020 is submitted.
Chairman, House Committee on Finance, Rep James Faleke, said this, yesterday in Abuja at the public hearing of 2022 to 2024 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
Faleke called the attention of the Budget Office not to grant the commission any budgetary request until it cleared with the committee.
He said that the 2021 budgetary performance of CAC had already put it in deficit, adding that such spending would not augur well for the financial status of the country.
“I have worked in private organisation before coming to the House of Reps, and they will always regulate their expenses and not spend beyond what they generate.
“In you case, you borrow money upfront even before the money comes, therefore, you will have to submit your 2018 -2020 financial report before you are granted audience for 2022 budget,” Faleke said.
He added that from the documents submitted to the committee by the commission from 2016 to 2020, its revenue had always been lower than expenditure.
“You expended what you do not generate, this agency needs a total overhaul to turn it back to what is supposed to be.
“Today all the registration are done online, yet you are still carrying unbearable overhead, things need to change”, the committee stated.
However, the Registrar-General of CAC, Alhaji Abubakar, noted that most of the expenditures by the commission were settlement of liabilities
He stated that as at 2020 they had a liability of N2.024 billion, adding that the commission’s record was cleared and it had not been cooking its book as insinuated by a member of the House.
Politics
Tinubu Flags Off 2027 Re-election Campaign In Kaduna
The campaign rally, held at the Kaduna Township Stadium, attracted Vice-President Kashim Shettima, APC governors, party leaders, federal and state lawmakers, political stakeholders and supporters from across the country.
The flag-off marks the beginning of the APC’s drive to secure a second presidential term for President Tinubu, with the party expected to promote its achievements, defend its economic reforms and outline its policy priorities under the proposed Renewed Hope 2.0 agenda.
Kaduna’s selection for the campaign launch underscores the strategic importance of the North-West, a region with a substantial voting population and considerable influence on presidential election outcomes.
The APC faces a significant challenge in Kaduna, where the Peoples Democratic Party’s presidential candidate, Alhaji Atiku Abubakar, defeated President Tinubu in the 2023 election. The rally therefore provides the ruling party an opportunity to strengthen its grassroots structures and regain electoral support in the state.
Addressing supporters, Vice-President Shettima appealed to Northern voters, highlighting President Tinubu’s political relationships with prominent Northern leaders, including Alhaji Abubakar, Mallam Nuhu Ribadu and the late President Muhammadu Buhari.
The Vice-President’s appeal reflects the APC’s determination to consolidate its support in the North as the party intensifies preparations for the presidential contest.
The Renewed Hope 2.0 agenda is expected to feature prominently in the campaign, providing a platform for President Tinubu to explain his administration’s economic policies and outline plans for another term.
However, the President’s record on economic reforms, rising living costs, petrol prices, employment, infrastructure and insecurity is expected to attract considerable scrutiny during the electioneering period.
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