Daily Trust

Se­nate to pass 2021 bud­get December 3

- By Ab­dul­la­teef Salau Business · Politics

The Se­nate yes­ter­day pledged to pass the N13.08 tril­lion 2021 bud­get pro­posal on December 3, 2020. Chair­man, Se­nate Com­mit­tee on Ap­pro­pri­a­tions, Ba­rau Jib­rin, dis­closed this in Abuja yes­ter­day at a brief with chair­men of Stand­ing Com­mit­tees.

This is as the 2021 Ap­pro­pri­a­tion Bill passed sec­ond read­ing af­ter a three-day de­bate on the gen­eral prin­ci­ple of the fis­cal doc­u­ment

Jib­rin said the bud­get hear­ing would be­gin to­day.

He an­nounced that there would be a joint pub­lic hear­ing on 9th - 10th Novem­ber 2020, to af­ford Nige­ri­ans the op­por­tu­nity to air their views on the bud­get es­ti­mate.

He said the sub-com­mit­tees were ex­pected to sub­mit har­mo­nized re­ports to the Ap­pro­pri­a­tion Com­mit­tee between Novem­ber 11 and 18, 2020.

Sen­a­tors, dur­ing de­bate, faulted poor rev­enue gen­er­a­tion by gov­ern­ment agen­cies, stressed the need for the gov­ern­ment to be se­ri­ous with di­ver­si­fy­ing its rev­enue sources, build in­fra­struc­ture and cut down the cost of gov­er­nance, which they said is con­sum­ing the large per­cent of the bud­get.

Se­nate Pres­i­dent Ah­mad Lawan blamed the coun­try’s low rev­enue earnings on the fail­ure of rev­enue agen­cies to re­mit all sums to the Fed­er­a­tion Ac­count af­ter col­lec­tion.

“There are many agen­cies of gov­ern­ment that are sup­posed to be gen­er­at­ing rev­enues and they do so, but they don’t re­mit all that they are sup­posed to,” he said.

He said the rel­e­vant com­mit­tees would in­ter­face on a monthly ba­sis with rev­enue gen­er­at­ing agen­cies to eval­u­ate their per­for­mance and de­vice ways on how same could be im­proved where they un­der­per­formed or failed to meet rev­enue tar­gets.

 ??  ?? NOM­I­NA­TIONS SHOULD BE BASED ON THE CRI­TE­RIA ONLY
NOM­I­NA­TIONS SHOULD BE BASED ON THE CRI­TE­RIA ONLY

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