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Senate Sets December 19th For Passage Of 2018 Budget by BeeBeeOoh(m): 5:43am On Dec 06, 2017
bars FG from spending excess crude money

Nigeria’s upper legislative chamber, the Senate, yesterday disclosed that it would pass the N8.612 trillion 2018 Appropriation Bill on December 19, just as it directed its Committee on Appropriation to ensure that the report on the budget is ready on the date.

Consequently, the apex legislative chamber adjourned plenary session to Tuesday, December 19, to enable other standing committees have enough time to engage the various ministries, departments, and agencies (MDAs) on budget defence having passed it for second reading.

The Senate took these decisions while it was considering the 2018 Appropriation Bill, which it eventually passed for second reading.

Speaking on the passage of the second reading of the budget, Senate President, Dr. Bukola Saraki, said: “We know that the timetable is very tight. We will be suspending plenary for us to be able to start the defense of this budget. Committee chairmen and members should please ensure that we keep to this timetable.”

Saraki warned ministers and heads of agencies and parastatals of government to cooperate with the National Assembly during the budget defence to enable the apex parliament pass the bill on target.

“Let me respond with a general note of warning to all heads of MDAs to ensure that they strictly respect the letters of invitation and the timetable. This is not time for excuses for ministers or heads of parastatals to be travelling and not be able to attend their budget defense.

“We do not have the time. This is a very short timeframe, therefore, I expect all MDAs to be able to respect our invitation and be there on time so that the committees can wrap up and be able to present their reports by the time we come back on Tuesday, December 19.”

He also disclosed that a public hearing on the budget estimates during defence session might take place on Monday, next week.

“There will be a public hearing on the budget. We are looking at Monday, the 11th of December; however, in the next few days, an announcement will be made,” he said.

Also, the Senate has barred the executive arm of government from spending money from any amount arising from crude sales above the benchmark approved by the National Assembly in the 2018 budget.

The chamber cautioned that, for the executive to spend funds from sales above the benchmark, the National Assembly, which has the sole constitutional power of approval, must be contacted for appropriation of such funds.

To ensure compliance by the executive during implementation of the budget, the Senate resolved to insert a new clause into the 2018 Appropriation Act, barring the executive from spending any money realised from the excess benchmark sales.

The resolution followed a motion moved by the Deputy Senate Leader, Bala Ibn Na’ Allah (APC, Kebbi South).

https://newtelegraphonline.com/2017/12/senate-sets-december-19-passage-2018-budget/
Re: Senate Sets December 19th For Passage Of 2018 Budget by ACHILLES45: 5:43am On Dec 06, 2017
Good morning sir
Re: Senate Sets December 19th For Passage Of 2018 Budget by Teacher1776(m): 5:47am On Dec 06, 2017
No.don't stop. Keep on blaming Goodluck Jonathan and your former PDP.
I know very soon, you will blame the voters who voted in your principal
Re: Senate Sets December 19th For Passage Of 2018 Budget by Nwodosis(m): 5:47am On Dec 06, 2017
Did anybody else take it that Amechi has joined us in wailing for good governance?
Re: Senate Sets December 19th For Passage Of 2018 Budget by christm386: 5:50am On Dec 06, 2017
Ndi Ala
Re: Senate Sets December 19th For Passage Of 2018 Budget by rawpadgin(m): 5:50am On Dec 06, 2017
Sankelewa mama, their day don break o

Mumu party


After almost 3years, it is now u guys want to stop blaming ur predecessors for you incompetency
Re: Senate Sets December 19th For Passage Of 2018 Budget by Samusu(m): 5:52am On Dec 06, 2017
Tell Bubu and his forty thieves
Re: Senate Sets December 19th For Passage Of 2018 Budget by guru03(m): 5:53am On Dec 06, 2017
You are yet to stop the blame game, continue till 2019, disgruntled people in a disgruntled party ready to die in blame game.
Re: Senate Sets December 19th For Passage Of 2018 Budget by dodelight(m): 5:56am On Dec 06, 2017
The scales are now falling from Amaechi's eyes. I bet he's already pondering returning to the PDP.
Re: Senate Sets December 19th For Passage Of 2018 Budget by Nobody: 5:58am On Dec 06, 2017
∆ All of them are thieves ∆
Re: Senate Sets December 19th For Passage Of 2018 Budget by dodelight(m): 6:07am On Dec 06, 2017
This is the fear of 2019 at work. But it's already too late to cry. Biko please keep enjoying the blame game.
Re: Senate Sets December 19th For Passage Of 2018 Budget by Homeboiy: 6:50am On Dec 06, 2017
OK till then
Re: Senate Sets December 19th For Passage Of 2018 Budget by harffie(m): 9:17am On Dec 06, 2017
grin
Re: Senate Sets December 19th For Passage Of 2018 Budget by kay29000(m): 9:17am On Dec 06, 2017
Hmm! The first 9 comments on this thread makes me believe some people are being paid to perpetually tarnish the image of Buhari and his administration. And they seem to be everywhere on nairaland these days... Always looking for a way to abuse Buhari even when the thread has nothing to do with the man. I am not happy with Buhari too, but this hate comments are so annoying.

6 Likes 1 Share

Re: Senate Sets December 19th For Passage Of 2018 Budget by Antoeni(m): 9:21am On Dec 06, 2017
Ok we 're waiting
Re: Senate Sets December 19th For Passage Of 2018 Budget by lytech1(m): 9:21am On Dec 06, 2017
Increased in budget everytime,bt lover or NO impact on the citizen.



JUST as we clamour for #ENDSARS#,na so we go clamour for #IMPEACHBUHARI#
Re: Senate Sets December 19th For Passage Of 2018 Budget by Macgreat(m): 9:21am On Dec 06, 2017
angry na wa Ooo
Re: Senate Sets December 19th For Passage Of 2018 Budget by jieta: 9:26am On Dec 06, 2017
why is everybody keeping silent on this budget issue; our criminal Jonathan budgeted 8trillion naira plus between 2016 and 2017 but here our GOD given saint is budgeting same amount in one year and everybody just turn deaf and dumb. what sort of country is this.
Re: Senate Sets December 19th For Passage Of 2018 Budget by demsid(m): 9:27am On Dec 06, 2017
ANOTHER EMBEZZLEMENT LIST TO BE ANNOUNCED. SMH.
Re: Senate Sets December 19th For Passage Of 2018 Budget by lytech1(m): 9:36am On Dec 06, 2017
.
kay29000:
Hmm! The first 9 comments on this thread makes me believe some people are being paid to perpetually tarnish the image of Buhari and his administration. And they seem to be everywhere on nairaland these days... Always looking for a way to abuse Buhari even when the thread has nothing to do with the man. I am not happy with Buhari too, but this hate comments are so annoying.
AND YOU THINK THERE IS SENSE IN THIS YOUR NONSENSE?
Re: Senate Sets December 19th For Passage Of 2018 Budget by amodu(m): 9:45am On Dec 06, 2017
Truly it has passed second reading, the fastest ever but will not believe until passed.
Re: Senate Sets December 19th For Passage Of 2018 Budget by jideflash(m): 10:02am On Dec 06, 2017
Hmm can we get this budget passed latest 2nd week January. That will be remarkable

Re: Senate Sets December 19th For Passage Of 2018 Budget by YaxxVille(m): 10:39am On Dec 06, 2017
Please o Mr. Senate President where are the results from the implemented 2017 Budget? Wasnt it around May-July 2017 the budget was signed?
Re: Senate Sets December 19th For Passage Of 2018 Budget by Nobody: 10:45am On Dec 06, 2017
cool

Re: Senate Sets December 19th For Passage Of 2018 Budget by Nobody: 11:18am On Dec 06, 2017
Majority of the commenters don't even know what the news entails.
Re: Senate Sets December 19th For Passage Of 2018 Budget by purplekayc(m): 12:51pm On Dec 06, 2017
This is a first
Re: Senate Sets December 19th For Passage Of 2018 Budget by dannytoe(m): 1:07pm On Dec 06, 2017
lytech1:
.
AND YOU THINK THERE IS SENSE IN THIS YOUR NONSENSE?
you must be one of the jobless paid Anti- buhari crew he talked about.
Re: Senate Sets December 19th For Passage Of 2018 Budget by Annydora(f): 4:41pm On Dec 06, 2017
guess they are tired of blamimg their fore fathers for their negligence and irresponsibility...


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Re: Senate Sets December 19th For Passage Of 2018 Budget by valentineuwakwe(m): 4:47pm On Dec 06, 2017
it's not about setting any target or limit...it's about its implementation.....even the current 2017 budget has only been implemented by just 17% and you guys are rushing to pass a budget that will favour you all....well one day bushmeat go catch the Hunter....cheers

(1) (Reply)

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