Editorial
Late Budgeting And Nigeria’s Economy
Nigeria’s 2014 budget was finally signed
recently. Like many oth
ers before it, this year’s budget was signed into law by President Goodluck Jonathan nearly six months into the year after series of avoidable tussle between the executive and legislature.
The Presidential assent, coming one month after the passage of the budget by the National Assembly came even as a surprise to many, as the amount added to the estimate by the legislature was not only un-precedented but condemnable. Similarly, a legal practitioner went to court to question the right of the legislature to beef up the budget.
President Jonathan’s initial reluctance to sign the budget may not be unconnected with the raising of the oil benchmark from the proposed $74 to $77.50 per barrel; the jerking up of the budget figures by N53billion and the controversy over the constituency projects of the lawmakers.
While we recognise the right of the National Assembly to work on the budget, there was actually no need for power struggle between the arms of government. The apparent showmanship and the over-bearing influence of the National Assembly (NASS) on matters that are strictly technical such as the oil benchmark is unacceptable.
The culture of thwarting the actions of the Federal Government for no discernible reasons lately is becoming a matter for worry. Nigerians have elected a President and government is in place; to always oppose their programmes is a disrespect for Nigerians and the laws of the land.
This year’s budget particularly started on a wrong footing: The disagreement over crude oil benchmark between the two chambers of the National Assembly on the one hand, and a prolonged bickering between the Presidency and NASS over implementation of the 2013 budget.
Even when the two chambers agreed on the oil benchmark, the All Progressives Congress (APC) members were to resist work on the budget. Again, that took a toll on the management of the nation’s economy. This singular act made a laughing stock of Nigeria’s democracy and raised questions on patriotism.
The Tide is particularly saddened by the fact that the most oil dependent economy in the world, which Nigeria is, has learnt nothing from the effect of late budgeting over the years. Budget is a plan on how to allocate resources based on expected revenue. But even more, it provides the policy direction of government that the private sector also keys into. But to play politics with budget is to halt the economy.
The Tide wants the frequent executive-legislature imbroglio, over budget to stop if Nigeria must make the needed move towards development. Apart from the example from the developed economies, even the military that people so freely condemned made sure that budgets were ready first thing in the year.
To show how Nigerians feel about this culture of late budgeting, the on-going National Conference suggested that late presentation of budget estimates should become an impeachable offence. Although, this is rather too harsh, it pre-supposes that the delay is caused by the executive, whereas the role of the legislature was glossed over.
In advanced democracies, late budgeting is a serious offence that goes with sanctions both against the executive and the legislature. While we agree that ours is a fledgling democracy, it will not also be out of place if the country adopts some sanctions against such budget offences.
It is against this backdrop that we urge the ongoing National Conference to come up with some measures against late budgeting, as well as penalties against any defaulting arm of government that overtly or covertly delays budget passage. Indeed, if the salaries and allowances of erring government officials are withheld on account of budget delay, the situation will change.
On the other hand, The Tide will want to know the judicial interpretation on the right of the National Assembly to increase budget estimates. This, we believe, will help reduce the muscle-flexing that has become an annual ritual between the executive and the legislature over the nation’s budget.
Editorial
Checkmating ‘One-Chance’ Menaces In PH
Editorial
That Oshiomhole’s Call On FG’s Road Projects
There are moments in the life of a legislature when plain speaking becomes a public service. Senator Adams Oshiomhole provided such a moment on the floor of the Senate when he accused the Minister of Works, Senator David Umahi, of manifestly neglecting critical federal arteries in Edo and Delta States, and implored his colleagues to prevail on the Minister to adopt a more equitable and genuinely national approach to road infrastructure delivery. It was blunt, it was uncomfortable, and it was necessary.
The specifics of his complaint deserve restating. Drawing attention to the recent approval of some 20 new road projects despite the parlous state of existing ones, the former Edo State governor lamented that Nigerians cannot travel from Benin to Warri, Benin to Asaba, Benin to Auchi, or Auchi to Okene without encountering severe distress. He alleged a deliberate omission of these corridors from the national budget in the last three years, save for palliative interventions directed by President Bola Tinubu through tax credit arrangements. His question — “What have we done wrong?” — resonates far beyond the chambers of the National Assembly.
We lend our full and unequivocal support to that call. The Auchi-Benin Road, for instance, has been in a deplorable and near-impassable condition for several years, turning what should be a two-hour journey into an all-day ordeal of broken axles, extortionate fares, and despondent commuters. The media have, on multiple occasions, chronicled the suffering of motorists, traders, and students who ply that route. To describe it as a federal road today is to stretch the meaning of the term beyond recognition.
This pattern of sidelining is not confined to Edo or Delta. Even here in Rivers State, the disposition of the Federal Ministry of Works has left much to be desired, particularly along the Eleme axis of the East-West Road. That road, which ought to be a flagship of federal presence in the Niger Delta, has remained in a wretched state for long. Those who use it daily — workers at the Eleme Petrochemical Complex, the two refineries, Onne Port, and the countless ancillary industries — can attest to its deterioration. Work has proceeded in fits and starts without the sustained urgency such a strategic road demands.
The Eleme stretch is not a mere intra-state byway. It is the gateway to the nation’s economic jugular. According to the Federal Ministry of Works and Housing’s 2023 Highway Condition Survey, only about 35 per cent of the country’s 36,000 kilometres of federal roads are rated as being in good or fair condition, with the remainder classified as poor or very poor. The East-West Road, conceived in the 1970s to bind the entire Niger Delta, remains unfinished in critical sections more than four decades after. If it had been treated as a priority, the perennial gridlock, carnage, and economic loss on the Eleme-Refinery junction would have long been consigned to history.
The irony is as painful as it is glaring. The Niger Delta remains the goose that lays the golden eggs. Data from the Nigeria Extractive Industries Transparency Initiative [NEITI 2023 Oil and Gas Audit] show that the region still accounts for over 78 per cent of Nigeria’s federally collected export earnings and about 65 per cent of total government revenue. The National Bureau of Statistics [NBS Foreign Trade Report Q4 2024] similarly confirms that crude oil continues to dominate export receipts. By every metric of equity and economic logic, a region that sustains the national purse deserves first-rate consideration in the allocation of infrastructure, not afterthoughts and tokenism.
Road infrastructure is not largesse to be dispensed by favour; it is the skeleton upon which commerce, cohesion, and citizenship hang. When contracts are concentrated in one geopolitical zone while other zones are left to contend with craters, it erodes trust in the federation itself. The World Bank’s Nigeria Development Update [June 2023] estimated that poor transport connectivity inflates the cost of moving goods by up to 40 per cent and costs the Nigerian economy an estimated $1.5 billion annually in lost man-hours and vehicle maintenance. If we profess to be one country, then equity must be the compass that guides key institutions before any project is executed. Development must spread round, not pool in one place as though other regions do not matter.
There is also a grave security dimension that can no longer be ignored. The deplorable condition of federal roads has become a veritable enabler of criminality. The NBS Crime Experience and Security Perception Survey reported over 2.5 million incidents of kidnapping-related occurrences nationally, with transport workers identifying bad road spots as prime ambush points. When vehicles are forced to crawl at 10 kilometres per hour through failed sections at Auchi, Sapele Road, or Eleme, they become sitting ducks for armed gangs. Fixing bad roads, therefore, is not merely about convenience; it is about safeguarding lives.
By his intervention, Senator Oshiomhole has hit the nail on the head and reminded Minister Umahi of a fundamental constitutional truth: public office is held in trust. The Ministry of Works is not a personal estate where contracts are awarded according to whim or political convenience. It is a national institution funded by the collective resources of Nigerians, including the oil and gas rents from the very communities whose roads are now neglected. The Minister must demonstrate balance, transparency, and a pan-Nigerian outlook in the distribution of projects that impact the daily existence of citizens. Selective neglect breeds suspicion, and suspicion is corrosive at a time when the nation is preaching unity, oneness, equity, and justice.
Consequently, the National Assembly must go beyond rhetoric and assert its oversight powers with vigour. Sections 88 and 89 of the 1999 Constitution [as amended] empower the legislature to investigate and expose any maladministration in the execution of federal projects. If an office holder is not acting rightly, it is the duty of the Senate and the House of Representatives to call him to order. Oversight must not be reduced to budget approval ceremonies; it must translate to field verification, public hearings, and insistence that the Federal Character principle, as enshrined in Section 14(3) of the Constitution, reflects in road awards.
Let the Auchi-Okene, Benin-Warri, Benin-Asaba, and Eleme East-West gangways be restored to motorable dignity. Let priority be given to completing existing, economically vital roads before embarking on new ones. If those who, through their resources, sustain the federation are sidelined in the distribution of tangible dividends, it tells poorly of our nationhood. Bad roads must be fixed, and they must be fixed now, with fairness as the guiding standard.
Editorial
Making Rivers’ 2026 Budget Count
-
News2 days agoRSG Targets Nine Million Residents in Mosquito Net Distribution Campaign
-
Oil & Energy2 days agoAiyedatiwa Signs New Electricity Bill
-
Oil & Energy2 days agoNLNG Commissions Research And Innovation Centre In RSU
-
Maritime2 days agoMarine Minister Commends President Tinubu On NPERA Bill Assent
-
News2 days agoKenPoly Holds Eight Convocations, August 29
-
News2 days agoRSG Begins Another Phase of Projects Commissioning Today
-
News2 days agoRMAFC Completes Revenue Sharing Review, Proposes New Pay
-
Maritime2 days agoNAGAFF Petitions IGP Over Alleged Maritime Police Harassment
