WADOO!!NEWS: Reps summon Finance Ministry, others over budget

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MEMBERS of the House of Representatives yesterday summoned Finance Ministry, Budget Office, Fiscal Responsibility Commission, National Planning Commission, Debt Management Office and Revenue Mobilisation, Allocation and Fiscal Commission to explain why the 2015 Appropriation Act is not being implemented.

Also, the ad-hoc committee set up by the 8th House of Assembly will today commence a public hearing over non-implementation of 2015 Budget. It was reliably gathered that officials of other agencies related to finance may also be summoned to appear before the ad-hoc committee headed by Rep. Ahmed Pategi, Kwara APC, at the public hearing.

Officials of the MDAs are expected to come with enough evidence to convince the lawmakers that the 2015 Appropriation Act is on course.
The House, at plenary on August 13, 2015 had constituted an ad-hoc committee to investigate the non- implementation of the budget following a motion promoted by Rep. Patrick Asadu, Enugu PDP, under matters of urgent public importance.

Asadu had accused the Federal Government of abandoning the implementation of the 2015 budget and capital projects, almost mid way into the third quarter of the financial year.

He submitted that the non release of the funds deprives the country of highly needed basic facilities and subjects its citizens to infrastructural and economic hardship, stunting the nation’s economic growth.

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Posted on September 2, 2015, in NEWS. Bookmark the permalink. Leave a comment.

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