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House Of Reps Justifies N578billion Hike In 2018 Budget. - Politics - Nairaland

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House Of Reps Justifies N578billion Hike In 2018 Budget. by BeeBeeOoh(m): 5:57am On Jun 21, 2018
....Blames executive for late passage of budget


The House of Representatives yesterday justified its decision to raise the budget estimates by N578 billion.

It also reiterated its stance not be subservient to the Executive on national budget preparation and approvals.

The House absolved itself of blame in the late passage of the budget. It blamed it all on the Executive.

In its reaction to President Muhammadu Buhari’s complaints while signing the 2018 Appropriation Act, the House said it is within its constitutional powers to alter the document.

The statement yesterday by its spokesman Abdulrazak Namdas, said it jacked up the 2018 budget because some of the projects designed by the executive did not meet the needs of the common man.

The lawmakers said the additional costs and projects to the budget were done in good faith for the sole purpose of improving the lives of Nigerians.

The statement reads: “The House of Representatives is appreciative of President Muhammadu Buhari in signing the 2018 Appropriation Bill into law and wish to make the following observations:

”That the budget is usually a proposal by the Executive to the National Assembly, which the latter is given the constitutional power of appropriation to alter, make additions, costs or reduce as it may deem necessary. The Legislature is not expected to be a rubber-stamp by simply approving the Executive proposals and returning the budget to Mr. President. Therefore, the additions Mr. President complained of in his speech are justifiable.

”We are on the same page with Mr. President in his desire to return our budget cycle to January-December. By the provisions of the Fiscal Responsibility Act, 2007, the budget estimates should be with the National Assembly around September of the year. In the case of the 2018 budget, the estimates came behind schedule in November 2017, even though this attempt was seen as one of the earliest in recent years. Going forward, we urge the Executive to speed up the reporting time to the National Assembly by complying fully with the FRA.

”Besides, there were delays that should be blamed on the heads of MDAs. Mr. President will recall that he had to direct ministers and heads of agencies to go to the National Assembly to defend their proposals. This came after the National Assembly had persistently raised the alarm over the non-cooperative attitudes of these government officials. On this grounds, the delay in passing the budget cannot be blamed on the legislature.

”New projects in budget. On this aspect, we have to remind Mr. President that we are representatives of our people and wish to state that even the common man deserves a mention in the budget by including projects that will directly affect his life positively. Some of the projects designed by the executive, as high-sounding as their names suggest, do not meet the needs of the common man.

“National Assembly budget. Before 2015, the budget of the National Assembly was N150billion for several years. It was cut down to N120bn in 2015 and further down to N115bn in 2016. In 2017, the budget was N125bn and N139.5bn in 2018. This means that the budget of the National Assembly is still far below the N150bn in the years before 2015.”

http://thenationonlineng.net/house-of-reps-justifies-n578billion-hike-in-budget-2018/

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Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by agwom(m): 6:00am On Jun 21, 2018
blame game ...
Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Nobody: 6:02am On Jun 21, 2018
Still there would be no improvement after this budget signing.

11 Likes 1 Share

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Mynd44: 6:02am On Jun 21, 2018
Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Janaanu: 6:06am On Jun 21, 2018
What a ridiculous response. undecided

To analyse the rubbish spewed here by this yeye legislooter is a complete waste of time.

These guys only need to be given the Anini treatment. angry

49 Likes 3 Shares

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by cheddahboy(m): 6:08am On Jun 21, 2018
Awon eleribu

10 Likes

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Dumdumfashion(f): 6:14am On Jun 21, 2018
Well when the budget is signed, it's not time for implementation, it's just time for stealing to commence.

1 Like

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by slimfit1(m): 6:17am On Jun 21, 2018
The poor will not read this and voice out they will be expecting God to leave Afghanistan that has serious issues to come and help them.

7 Likes

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by omenkaLives(m): 6:18am On Jun 21, 2018
I am least concerned about the figure of the budget, it can be 900trillion for all i care. What concerns me is the degree to which the capital expenditure is released and executed. That to me is what accounts for the performance of the budget.

Now, what exactly is their reason for raising their (NASS) budget from 115bn in 2016 all the way to 139bn in the current budget? What additional work are they anticipating besides making more funds available to themselves to steal in leu of the general elections?

Are they planning to employ more Nigerians into that entity?

Are they planning to pass more bills?

Are they planning to build more projects in their constituencies?

What exactly is their justification?

Saraki and Dogara, your greatest prayer points should be that Buhari loses this election, ditto all those known and unknown crooks that litter the Nigerian political space. Pray!

23 Likes 1 Share

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by olaniputu: 6:24am On Jun 21, 2018
[s]
omenkaLives:
I am least concerned about the figure of the budget, it can be 900trillion for all i care. What concerns me is the degree to which the capital expenditure is released and executed. That to me is what accounts for the performance of the budget.
[/s]
that's why we're getting rid of the terrorist Buhari killing your people so that they'll be free since you're supporting fulani herdsmen against your people
cc
pointzerom lzaa good morning bosses

4 Likes 2 Shares

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by LZAA: 10:37am On Jun 21, 2018
olaniputu:
[s][/s]
that's why we're getting rid of the terrorist Buhari killing your people so that they'll be free since you're supporting fulani herdsmen against your people
cc
pointzerom lzaa good morning bosses
Later he wee look for igbo wife grin
Cc immhotep onyeoga iceberg3 pointzerom

1 Like 2 Shares

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by tommykiwi(m): 10:43am On Jun 21, 2018
Both the presidency and the senates are all ........ Complete the blank space yourselves.
Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by jegz25(m): 10:43am On Jun 21, 2018
It's becoming obvious who the real enemy of Nigerians are.can you imagine how these bunch of thieves and good for nothing national assembly members just slashed the most important projects to add to their bogus earnings at the expense of Nigerians.know your enemy Nigerians

15 Likes 2 Shares

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by MrLouisVanGaal1: 10:44am On Jun 21, 2018
Okay.. Legislathieves

2 Likes

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by hardywaltz(m): 10:45am On Jun 21, 2018
House of Thieves
Watery response with no substance...

5 Likes

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Wiseandtrue(f): 10:45am On Jun 21, 2018
NO be Nigeria? Every silly thing is justifiable undecided

2 Likes

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Nobody: 10:48am On Jun 21, 2018
bunch of insatiable thieves!
Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by ITbomb(m): 10:48am On Jun 21, 2018
Fact File

2015
Total budget = N4.5 trillion
NASS budget = N150 billion
Oil benchmark = $53/bbl
Fuel Price = N87

2018
Total budget = N9.12 trillion
NASS budget = N139.5 billion
Oil benchmark = $51/bbl
Fuel Price = N145

Executive have doubled the amount of their expenditure, yet no visible impact but Legislature have reduced their expenditure between 2015 and 2018

Most of the projects claimed to have been inserted by the NASS are road projects for visible impact while those whitewash projects for looting eg security for UN building, security for Unity Schools, pension whatever were cut down, hence the outcry cos source of money for 2019 elections has been cut down

But then, do you even think both the cabal in executive and legislature really do care about you?

Restructuring is the only way forward

7 Likes 3 Shares

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by erico2k2(m): 10:56am On Jun 21, 2018
chivera018:
Still there would be no improvement after this budget signing.
U mean Budget stealing grin grin
Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Oblang(m): 10:56am On Jun 21, 2018
So power projects won't serve the common man but jerking up NA budget will..smh

3 Likes

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by yazach: 10:57am On Jun 21, 2018
Criminals.

You delayed the budget for 7 good months just because you want to add your own

When did you guys start catering for the masses that you are now increase the budget because of the masses

Even increasing NASS budget by 14billion is in masses interest

I think we should emulate the northerners who already started stoning you guys

8 Likes

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Fesomu(m): 10:57am On Jun 21, 2018
The only time both APC and PDP lawmakers dey gree na during budget padding. If bokoharam fit bomb them all, they would become national heroes..

4 Likes 1 Share

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Paperwhite(m): 10:58am On Jun 21, 2018
"We're elected to pad budget"-https://www.google.com/amp/thenationonlineng.net/we-are-elected-to-pad-budget-lawmaker/amp/
Both the executive & NASS are all embodiment of corruption.Nigeria wither thy redemption
Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Rickyuzzy(f): 11:03am On Jun 21, 2018
My question to the Igbo senators and house of reps is where were they when the Enugu airport terminal budget was slashed by over 50% same as the 2nd Niger Bridge. The South East have to know the true enemies, Northern projects were not slashed but key eastern projects were.

The response here does not even address the issues raised by the president. At the end, these guys end up buying 2heelbarrows and cutlass and call it projects.

9 Likes 1 Share

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by Nobody: 11:05am On Jun 21, 2018
What about the implementability of the budget? One of the cardinal features of a good budget is that it must be implementable. Nigeria is just a joke.
Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by rxmusa(m): 11:07am On Jun 21, 2018
Opportunistic rogues
Educated criminals
Heartless representathieves

2 Likes

Re: House Of Reps Justifies N578billion Hike In 2018 Budget. by ThatCEO: 11:07am On Jun 21, 2018
Janaanu:
What a ridiculous response. undecided

To analyse the rubbish spewed here by this yeye legislooter is a complete waste of time.

These guys only need to be given the Anini treatment. angry

Hehe

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