Highlight

SERAP to NASS: Slice your N344.85bln budget to reflect current economic realities

Persecondnews reported that on December 31, the National Assembly had passed the 2024 Appropriation Bill, raising it from₦27.5 trillion to ₦28.7 trillion presented by President Bola Tinubu in late November.

553

The National Assembly leadership should cut down the budget for lawmakers as contained in the 2024 Appropriation Act, the Socio-Economic Rights and Accountability Project (SERAP) has advocated.

In a letter dated January 13, SERAP’s Deputy Director, Mr Kolawole Oluwadare, a lawyer, specifically asked the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas to “promptly reduce the National Assembly budget of N344.85 billion, to reflect the current economic realities in the country, and cut the cost of governance.”

Persecondnews reported that on December 31, the National Assembly had passed the 2024 Appropriation Bill, raising it from₦27.5 trillion to ₦28.7 trillion presented by President Bola Tinubu in late November.

SERAP, therefore, wants the lawmakers to request President Tinubu to present a fresh supplementary appropriation bill, which reflects the reduced National Assembly budget for the approval of the National Assembly.

It wants the National Assembly leadership to “promptly publish details of the National Assembly budget of N344.85bn, including the proposed spending details of the N3 billion for the Senate Car Park and N3 billion budgeted for the House of Representatives Car Park.”

Oluwadare warned that the arbitrary increase by the lawmakers of their own budgetary allocation, if not cut, would have significant fiscal consequences and exacerbate the country’s debt crisis.

“The unilateral and self-serving increase by the lawmakers of their own allocation also offends the principles of separation of powers and checks and balances and the notion of the rule of law,” the letter read.

“The increase in the National Assembly budget has raised serious questions in the minds of the Nigerian people about how the lawmakers are spending their commonwealth.

“The National Assembly ought to be more responsible to the public interest and more responsive to it. The National Assembly has a constitutional responsibility to combat waste and abuse in its own spending if it is to effectively exercise its oversight functions and hold the government to account.

“Transparency and accountability in public administration is an essential element of democracy. Transparency in the spending of the National Assembly budget would give the public a tool to hold the lawmakers accountable.

” It would also protect Nigerians from any potential abuses of governmental or legislative power that may exist,” SERAP stated.

Leave a comment

Related Articles

Security: Real-time aerial surveillance cameras, data-gathering sensors for FCT – Minister

The Minister of the Federal Capital Territory, Mr. Nyesom Wike, is set...

South-South governors back Lagos-Calabar coastal highway

The south-south governors of Bayelsa, Rivers, Cross River, Edo, and Delta states...

Suspected killer of 14-year-old Nigerian Daniel Anjorin in East London sword attack hauled up in court

Following the killing of 14-year-old Nigerian Daniel Anjorin in an east London...

London sword attack on Anjorin: 36-year-old suspect in police net

The 36-year-old suspect in the fatal London sword attack is currently being...

14-year-old Nigerian-born, Daniel Anjorin named as the victim of a sword attack in London

The 14-year-old boy killed by a sword-wielding man in Hainault, London has...

Lagos Landmark Beach demolition: FG compensates tenants, business owners

In response to mounting tension over the demolition of buildings and businesses...

Lagos gas explosion: One tragedy too many, pregnant woman, eight others seriously injured

A gas explosion in the Ajegunle-Apapa area of Lagos has left at...

FG signs Executive executive order to unlock $10bln investment in oil and gas

President Bola Tinubu has signed an Executive Order to unlock up to...

Port Harcourt-Aba train service inaugurated amid citizens’ excitement

The commercial train service for the Port Harcourt-Aba line began operation on...

Nigeria to produce 4,000 metric tonnes of lithium daily – VP Shettima

In the not-too-distant future, President Bola Tinubu will inaugurate Nigeria`s largest lithium...

Breaking: NFF appoints Finidi George as Head Coach of Super Eagles

The Board of the Nigeria Football Federation has approved the recommendation of...

Just in: Edo Gov. Obaseki announces N70, 000 new minimum wage

Ahead of the announcement of a new minimum wage by the Federal...

Customers Not Enjoying 20 Hours Electricity Will Not Pay New Tariff – Adelabu

The Minister of Power, Dr. Adebayo Adelabu, has said any customer not...

Monarch wants writers to participate in politics as Dr. Omotosho emerges as first SWAF president

A prominent monarch in Ogun State and Olowu of Owu in Abeokuta,...

$1m bribe: Apologise in a week or face legal action, Sports Minister Enoh tells Bash Alli

The Minister of Sports Development, Sen. John Enoh, has said that he...

Contract variation: FG pays Julius Berger N20bln for Bodo-Bonny Road

The Federal Government says it has paid Julius Berger a N20 billion...

Breaking: Ondo Gov. Aiyedatiwa’s campaign coordinator assassinated

Alaba Excel Abbey, one of the campaign coordinators of Gov. Lucky Aiyedatiwa...

Man jumps into Lagos Lagoon while evading arrest

A man simply identified as Azeez has jumped into the Lagos lagoon...

South African Police kill Nigerian in his house, NUSA mourns

The Nigeria Union South Africa (NUSA) has been thrown into grief following...

UBA increases stake in Kenya, Uganda subsidiaries, eyes East Africa market

Pan-African banking group, United Bank for Africa (UBA) says it has acquired...