Politics
Ndume Descents As Senate Passes N819.5bn 2022 Supplementary Budget
The Nigerian Senate has passed the 2022 Supplementary Appropriation Bill of N819.5 billion, amid reservations by Borno senator Mohammed Ali Ndume.
The consideration and approval of the budget followed the presentation of the report of the Senate Joint Committee on the 2022 Supplementary Appropriation Bill during plenary on Wednesday in Abuja.
The Bill is titled: “A Bill for an Act to Authorise the Issue from the Consolidated Revenue Fund (CRF) the Total Sum of N819, 536,937,813 for the Year Ending March 31, 2023.”
Presenting the report, the Chairman of the joint committee, Jibrin Barau, recalled that the 2022 Supplementary Appropriation Bill of N819, 536,937,813, all of which were Capital Expenditure, was read the first time on December 21.
“The Senate subsequently read the bill the second time and referred it to the Appropriation Committee in conjunction with Committees on Agriculture and Rural Development; Works and Housing; and Water Resources for further legislative action,” said Barau.
He said that the bill sought to, among other things, make available additional funds to cushion the effects of the 2022 flood on road infrastructure, agriculture, water infrastructure and completion of some ongoing critical projects that had achieved about 85 per cent completion.
Barau said that the supplementary bill would be financed through additional domestic borrowings, which would raise the 2022 budget to N8.17 trillion only, and Deficit/GDP to 4.43 per cent.
He said that the committee observed that the effects of the 2022 flood across the country and its attendant consequences on roads, bridges, farmlands and the water sector necessitated the supplementary bill request.
Barau said: “Ministries, Departments and Agencies (MDAs) involved in the Supplementary Appropriation Bill requests are: Federal Ministry of Agriculture and Rural Development’’.
Borno) said: “My worry is that this is the reality of what we are doing today:
“It is today that the Senate has considered extending the budget by 90 days.
“This budget, even if approved, how realistic is it going to be? By the time we process this and the due process that is required in budget implementation for contract execution cannot be circumvented.
“If that is the case, assuming we pass it today, we have 90 days to implement it.
“If it is agreed that some of these monies have to be spent within 90 days. It is not possible. Let us not deceive ourselves.
“We should amend the 2023 budget to take care of these projects so that they will have 12 months of implementation.”
The budget was thereafter approved and passed after going through the Committee of Supply.
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.
Politics
2027: NIGERIANS FAULT INEC ON DIGITAL MEMBERSHIP REGISTER DIRECTIVE
Politics
IT’S A LIE, G-5 GOVS DIDN’T WIN ELECTION FOR TINUBU – SOWUNMI
-
Politics3 days agoSenate Urges Tinubu To Sack CAC Boss
-
News3 days agoAmend Constitution To Accommodate State Police, Tinubu Tells Senators
-
News3 days agoDisu Takes Over As New IGP …Declares Total War On Corruption, Impunity
-
Business3 days ago
Crisis Response: EU-project Delivers New Vet. Clinic To Katsina Govt.
-
Business3 days ago
President Tinubu Extends Raw Shea Nuts Export Ban To 2027
-
Business3 days ago
President Tinubu Approves Extension Ban On Raw Shea Nut Export
-
Sports3 days ago
NDG: Rivers Coach Appeal To NDDC In Talent Discovery
-
Business3 days ago
Fidelity Bank To Empower Women With Sustainable Entrepreneurship Skills, HAP2.0
