The Senate Public Accounts Committee relied on 2016 Auditor General Report to uncover the excess payment.
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He spoke with newsmen on the sideline of the ongoing ECOWAS Parliament’s High-level Seminar on Thursday in Ghana.
This was disclosed by a former President of the Senate, Chief Ken Nnamani, in his new book, titled: “Staying Strong.”
President of the Senate, Ahmad Lawan, said the debate on the bill, which is slated for two days, continues on Wednesday.
A press statement by the media office of the former Vice President on Tuesday, said that the harmonization of positions between the two institutions is an indication that Nigeria’s democracy is growing and getting stronger.
She made the disclosure on Friday in Abuja at: Public Presentation and Breakdown of the Federal Government 2022 Appropriation Bill.”
The Speaker, who said the National Assembly was committed to the timely passage of the Appropriation Bill as it did in the last two years, noted that the next two to three months will be for the strictest scrutiny of the budget estimates and emphasized that lawmakers would hold government agencies accountable for the previously appropriated funds.
Rivers Gov. Nyesom Wike said this in his keynote address while declaring open the South South Zonal Public Hearing on the review of the existing revenue allocation.
It said apart from loans and borrowing, there was nothing in the president’s address during the 2022 budget presentation at the National Assembly on Thursday.
Buhari who made this known while presenting 2021 budget before the Joint Sitting of National Assembly revealed that petrol subsidy significantly eroded revenues that should have been available to fund the budget.
The oil benchmark for the 2022 appropriation is $57 per barrel, while the exchange rate is N410.5 per dollar in the budget proposal titled, “Budget of Economic Growth and Sustainability”.
Budget of Economic Growth and Sustainability
The nominees are Idaere Gogo Ogan – Chairman; Farouk A. Ahmed – Chief Executive Officer; Abiodun Adeniji – Executive Director, Finance and Accounts; and Ogbugo Ukoha – Executive Director, Distributions System, Storage and Retail Infrastructure.
The joint sitting was held at the House of Representatives Chamber.
Lawan stated this in his remarks after the chamber approved President Muhammadu Buhari’s submission of the revised 2022-2024 fiscal framework.
The spokesperson, Ikenga Imo Ugochinyere made the call on Wednesday at a press conference.
In a live world press conference, the spokesperson for the coalition, Ikenga Imo Ugochinyere said “The information at our disposal includes the alleged late night exchange of ‘incentives’ to most of the National Assembly members in the Harmonization Committee to see to it that the electronic transmission of results does not see the light of the day. This is an insult on the sensibilities and sensitivities of the Nigerian people, noting that this process of Electoral Act amendment commenced since 2016 and has not been completed five years after.”
The National Assembly had passed aggregate budget of N13.98 trillion for the 2022, but President Buhari in a revised MTEF/FSP, increased the budget aggregate to N16.45trillion.
Omo-Agege made this known when he presided over Senate Tuesday’s plenary.
Wike made the call in a statement signed by Kelvin Ebiri, his Special Assistant on Media, in Port Harcourt on Friday.