He said, “The budget process is on and I can’t tell you this is the specific date it is going to end. We are working very hard on it and we want to assure Nigerians that at the end of the day, we will have a budget that will serve the purpose of Nigerians.”
Browsing: Nigerian Senate
OpeOluwani Akintayo 21 February 2018, Sweetcrude, Lagos — The Nigerian Senate Committees on Gas and Petroleum (Upstream) have commended Total…
OpeOluwani Akintayo 19 January 2018, Sweetcrude, Lagos — The Nigeria National Petroleum Corporation, NNPC, has replied the National Assembly after…
“Rather than debate this that has no basis in reality, we may just continue to beg this government to be very specific in the indication of the assumptions underlined in the budget. The assumptions are totally wrong and off the mark. Therefore, the 2018 budget is already dead on arrival.”
Vincent Toritseju 20 November 2017, Sweetcrude, Lagos — The Senate Committee on Local Content has asked Total Upstream Nigeria Limited…
The National Assembly is expected to pass the budget before the end of 2017 to enable the Executive to begin its implementation on January 1, 2018.
“The constitution stipulates that every revenue should be paid into the Federation Account but with the ECA, who determines how much goes into excess crude? Is it to be handled by the executive or NNPC?”
“It is heart warming Mr. President, to have you present the 2018 budget to joint sessions of the National Assembly. This is the first time, budgets of the preceding year was being presented on time, and to us as legislators, this is a good development.”
“The fact is that, we are not under any pressure from anyone, let alone from the Presidency. I am sure that those of us who know President Muhammadu Buhari are quite sure that, he will never interfere in such matters.”
The Senate resolution follows a motion by Senator Mustapha Bukar on the need for the Ministry of Power under Fashola to limit its role to general policy making.