Connect with us

Hi, what are you looking for?

National

Senate in rowdy session over Buhari’s N23.7trn extra-budgetary spending request

The upper chamber of the National Assembly on Wednesday went into a rowdy session following some senators’ rejections against a request by President Muhammadu Buhari seeking approval for N23.7 trillion already spent by the federal government without the approval of the legislature.

By TechnocratMedia

The upper chamber of the National Assembly on Wednesday went into a rowdy session following some senators’ rejections against a request by President Muhammadu Buhari seeking approval for N23.7 trillion already spent by the federal government without the approval of the legislature.

The rowdiness followed the presentation of the report on the president’s “way and means advances” request by Solomon Olamilekan, chairman of the finance committee.

“Ways and means windows are used by the government when there is a need for cash intervention,” Olamilekan said.

“It is normal. We should even commend the federal government. The sum spans over 10 years. They have agreed to forward the document to the committee on or before Friday.”

As the finance chair continued his presentation, Rivers west Betty Apiafi, raised a point of order stating that the request was not constitutional.

But the presiding Senate President Ahmad Lawan ruled Apiafi out of order, saying: “Let me present his report first… I’m not preventing anyone from speaking.”

Most of the senators at the plenary engaged in a heated debate over Lawan’s comment.

After about 10 minutes, the order finally returned to the chamber. The senate president asked Thompson Sekibo, senator representing Rivers east, to speak on the matter.

Citing a constitutional point of order, Sekibo reiterated Apiafi’s stance, explaining that the request was not in line with the constitution.

“It will be a disservice that we have spent that money on behalf of Nigerians,” the senator said.

“It will be wrong for this senate to approve this without details of how the money was spent.”

After his submission, the rowdiness resumed and the senate president had to intervene again by asking Ibrahim Gobir and Philip Aduda, the majority and minority leaders, respectively, to approach the chair.

This made the situation worse and Lawan quickly ask the chamber to go into a closed session—a parliamentary procedure for the Senate to discuss matters requiring secrecy.

Last week, the president had written to the senate, seeking approval for the “ways and means advances”.

“The ways and means advanced by the Central Bank of Nigeria to the federal government have been a funding option to the federal government to cater for short term or emergency finance to fund delayed government expected cash receipt of physical deficit,” Buhari had said.

“The ways and means, balances as of 19th December 2022 is N22.7 trillion.”

Excellent journalism is expensive. It is only the same that can help to build our society and country to entrench good governance, and development and ensure justice for all.

We need your support for investigative findings and special reports to demand accountable and transparent government. DONATE today to help us stay relevant to serve your quest for accurate and authentic stories.

DONATE TO 0450702364, naira OR 0657626454, USD – GTBANK

TECHNOCRAT INNOVATIONS PLUS LTD

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Like Our Facebook Page

You May Also Like

Labour

The Parliamentary Parliamentary Staff Association Of Nigeria (PASAN) has shut down the gates to the National Assembly Complex in Abuja.

Finance

The Senate has passed the federal government’s N2.17trn 2023 supplementary appropriation bill after a third reading on Thursday.

Legislature

Akin Rotimi, spokesperson of the House of Representatives, says the Nigeria Labour Congress (NLC) “lied” to the citizens with the claim that lawmakers got...

Legislature

Godswill Akpabio, Senate President, says the National Assembly will review and address the demands of organised labour in one week.

Legislature

Yemi Adaramodu, the spokesperson of the Senate, says the upper legislative chamber will start the screening of the 28 ministerial nominees forwarded by President...

Finance

President Bola Ahmed Tinubu has asked the National Assembly to approve N500 billion for the federal government’s post-subsidy palliatives to Nigerians.

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

TechnocratMedia Nigeria will use the information you provide on this form to be in touch with you and to provide updates and marketing.