HighlightTop Story

2024 budget will be people’s budget – Speaker Abbas

“More importantly, however, this town hall meeting will allow the national assembly to understand citizens’ needs better and explore ways to address them through the budget”

929

The Speaker of the House of Representatives, Mr Tajudeen Abbas, has assured that the 2024 budget will be the “people’s budget” that will address the economic hardships faced by Nigerians.

Abbas, who spoke on Monday at the town hall meeting on the budget organised by the lower chamber, said the meeting was designed to ensure public participation in the 2024 appropriation bill.

According to him, the town hall meeting will help Nigerians to understand the hard choices that budgeting entails and also enhance the transparency of government spending.

Abbas pointed out that the N27.5trn budget prioritizes national security, poverty reduction, local jobs creation and education.

“As representatives of the people, it is our duty to ensure that the annual appropriation reflects the needs and aspirations of every Nigerian citizen.

“Your participation in this town hall meeting underscores the essence of democracy — the power of the people to engage actively in governance and decision-making processes.

“You are invited to closely examine the 2024 budget proposal as presented to the national assembly by Mr. President.

“Your contributions must go beyond mere criticisms to constructive and evidence-based suggestions on how we can improve the budget process and make the budget more responsive to the needs of all Nigerians.

“The town hall provides a platform for direct engagement between legislators and citizens, focusing on matters related to the national budget. This is crucial to enhancing the transparency of government spending.

“It also allows the public to be more informed about how public funds are to be used and, by so doing, build greater trust in government institutions.

“More importantly, however, this town-hall will allow the national assembly to understand citizens’ needs better and explore ways to address them through the budget,” Persecond News quotes Abbas as saying.

The speaker also told participant that the house of representatives will go a step further in ensuring that the 2025 budget is discussed at constituency level.

He also identified one of the major challenges as lack of a functional government mechanism that reflects citizens’ input in the budgeting process.

Abbas added: “We expect that the 2025 budget will be discussed at the constituency level to ensure greater inclusion and engagement with diverse stakeholders at the grassroots level.

“In 2017, it ranked Nigeria 13 out of 100 points in public participation. This poor ranking was due to the dominant role played by the political elite and government bureaucrats in the budgeting process.

“While some progress has been made since 2017, many traditional challenges remain. The most notable is the absence of functional government mechanisms that show how citizens’ input informs the budget-making process.”

Leave a comment

Related Articles

FG appoints ex-Govs. Yuguda, Elechi, Shinkafi, Ngilari, APC’s lawyer, Olanipekun, others Chairmen of varsities’ governing councils

The Federal Government has announced the names of the Pro-Chancellors, Chairmen, and...

Nigeria to stop petrol importation in June – Dangote

The Chairman of the Dangote Group, Alhaji Aliko Dangote, has said that...

Fake News: No fire outbreak from our tank farm in Lagos—NNPC Ltd.

The Nigerian National Petroleum Company Limited (NNPC Ltd) has debunked a report...

Just in: Court denies Binance executive Tigran Gambaryan bail

A Federal High Court sitting in Abuja has denied the bail application...

No attempt to illegally use pension funds for infrastructure development – FG

Minister of Finance Wale Edun has refuted claims that the Federal Government...

NCC suspends issuance of virtual operators’ licenses

The Nigerian Communication Commission (NCC) has notified stakeholders in the communications industry...

Tinubu approves N3.3trn to defray power sector debts

Determined to end incessant power outages in the country, President Bola Tinubu...

FG opens student loan application portal May 24

The Federal Government has announced May 24, 2024, as the official date...

West Africa must unite to defeat terrorism, human trafficking, says Tinubu

President Bola Tinubu on Thursday received President Bassirou Diomaye Faye of Senegal...

Just in: Tinubu, Senegalese President, in closed-door meeting at Aso Rock

President Bola Tinubu is in a closed-door meeting with the new Senegal...

Breaking: Emirates Airlines to resume operations in Nigeria Oct. 1

Emirates Airlines says it plans to resume operations in Nigeria on October...

FG raked in N318.5bn revenue in Q1 of 2024 – Accountant-General

The Federal Government recorded a total revenue inflow of N318.5 billion in...

Senate approves Tinubu’s request of $500m loan for BPE

The Senate has approved President Bola Tinubu’s $500 million loan request to...

Execute only those who steal N1 trillion and above – Sen. Ndume

The Chief Whip of the Senate, Sen. Ali Ndume, has said that...

Amid probe threat: Five commissioners quit Rivers government

Following a threat by Gov. Siminalayi Fubara to probe the administration of...

International Day of Families: “Embracing Diversity, Strengthening Families”

The United Nations (UN) continues to assert that the family constitutes the...

Workout Essentials: What Exercises should you do to tone some parts of your body?

I do know for sure that most of us have a desire...

Printing of N684m new naira notes charge: Court slams fresh N300m bail on Emefiele

An Abuja Federal High Court granted a fresh N300 million bail to...

Breaking: Pres. Tinubu inaugurates three milestone gas infrastructure projects in Delta, Imo States

President Bola Tinubu inaugurated three landmark projects on Wednesday, which include the...

Again, Emefiele arraigned, faces fresh charge of spending N18.96bln to print N684.5m new naira notes

A former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,...