Chairman of the Senate Committee on Finance made the statement on Monday during an empowerment programme.
Browsing: Olamilekan Adeola
This is even as Senate Committee on Petroleum (Downstream) summoned the Group CEO Mele Kyari, to appear on Tuesday
The Chairman of the Committee, Senator Olamilekan Adeola, said this during an interface with heads of National Metrological Development Agency and Federal Government Staff Housing Loan Board
The Accountant General added that he is incapacitated from effectively blocking the various loopholes of revenue leakages happening across the various revenue generating agencies.
The Senate on Tuesday has said a cut to the N10.594 trillion budget for 2020 passed by the National Assembly on December 5, 2019 is “inevitable” in view of the crash in crude oil price internationally.
The Senate on Thursday approved N346,388,900,000 as budget for the Niger Delta Development Commission for the 2019 fiscal year.
Chairman, Senate Committee on Finance, Senator Olamilekan Adeola on Thursday said the plan by the Federal Government to borrow about 30 billion dollars was a necessary step to catalyse development.
The passage of the Bill was sequel to the consideration of the report of the Senate Committee on Finance
The Senate had last week forwarded the FSP/MTEF to Senate Committee on Finance for proper scrutiny
He spoke when members of the Senate Ad-hoc Committee on Pipeline Vandalism visited his palace in Lagos.
Adeola made the statement while addressing members of the party, residents and other stakeholders in Mushin and Ojuwoye areas of Lagos.
Senator Olamilekan Adeola representing Lagos West Senatorial District has appraised the 2019 appropriation bill, describing it as the best budget in recent years.
Senator Olamilekan Adeola on Thursday urged Nigerians to give the All Progressives Congress the needed support to fix the present challenges confronting the country.
Speaking with journalists at the Nigerian Union of Journalists Secretariat in Ikeja, Adeola said the PDP lacked the vision to govern the country.