TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Senate President opens public hearing on 2020 budget

The Citizen by The Citizen
October 24 2019
in Latest News
A A
0
Lawan seeks amendment of Land Use Act
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

President of the Senate, Ahmad Lawan, on Wednesday declared open a two-day public hearing on the 2020 budget which was presented to the National Assembly early this month.

The National Budget Hearing on the 2020 budget is jointly convened by the Senate and House of Representatives Committees on Appropriation.

Declaring the public hearing open, the Senate President said the public hearing is aimed at accommodating the suggestions and inputs of critical stakeholders with a view to adding value to legislation through the channels of inclusion and public engagement.

He added that the successful implementation of a nation’s annual budget depends on increased participation by stakeholders, and awareness and education of citizens.

“The importance of the Budget proposal in national development cannot therefore be overemphasized. This is the reason why inputs have to be all inclusive as we are now set to do.

“We understand that the Budget proposal is about fiscal targets, resource allocation, public expenditure policy, productivity and efficiency. We also understand that the process is one of passage, mobilization and execution.

“For them to work well however, we have to have increased participation, which also amounts to empowerment in the realm of information, awareness and education.

“An improved understanding most times comes through exchange of ideas. It comes in a process of agreement and disagreement. Better awareness or an expansion of thoughts could also come through purposeful interactions.

“Other than this is the fact that public hearing is a legislative tool of participation. Through it, we engage with critical stakeholders and the public, either separately or collectively.”

He added that, “The overall essence is not just engagement or consultation, but also for the greater good of the people.”

Lawan said the collective decision of the ninth Assembly to revert to the January-December budget cycle as provided in the 1999 Constitution as amended, stemmed from the need to achieve a predictable economic framework for Nigeria.

Lawan said the present budget cycle in operation created problems of planning and implementation in the nation’s economic framework.

Recall that President Muhammadu Buhari on October 8, 2019, presented a N10.3 trillion proposal for the year 2020 at a Joint sitting of the National Assembly.

According to the details of the budget estimates, President Buhari proposed N556.7 billion for Statutory transfers; N4.88 billion for non-debt recurrent expenditure and N2.14 trillion for Capital expenditure.

Describing the present budget cycle as an ‘anomaly’, Lawan stated that reverting to a rather predictable macro-economic framework that spans the January-December timeline, would in turn positively influence micro-economic details in Nigeria’s annual budget.

He said: “This two-day Joint National Assembly Public hearing on the 2020 Appropriation is no doubt a special one.  It is special because it is another important step in our bid to resolve the undesirable Budget cycle.

“This cycle has created problems for planning and for the proper implementation of the nation’s macro-economic framework.

“The macro framework needs to be reasonably predictable, the way it happens in other climes. It is when the framework is predictable that it can positively influence the micro details in the Budget proposal.

“The ninth National Assembly is committed to correcting this anomaly in Budget cycle.  As legislators, we have set out to be exemplary in the fulfilment of our core functions, which includes legislation, representation and oversighting.

“We are assured that it is only a wholesome commitment to these mandates that can give us the much needed growth and development.”

Among those who attended the opening of the 2-day public hearing are: the Speaker of the House of Representative, Rt. Hon. Femi Gbajabiamila; Deputy President of the Senate, Senator Ovie Omo-Agege; Senate Leader, Senator Yahaya Abdullahi; House Leader, Hon. Alhassan Ado Doguwa, and House Minority Leader, Hon. Ndudi Elumelu.

Others are: Chairman, Senate Committee on Appropriation, Senator Jibrin Barau; Deputy Chairman, Senate Committee on Appropriation, Senator Adaeze Stella Oduah; Chairman, House Committee on Appropriation, Hon. Mukhtar Betara Aliyu; Deputy Chairman, House Committee on Appropriation, Hon. Igariwey Iduma Enwo; Chairman, Senate Committee on Finance, Senator Olamilekan Solomon Adeola; Senator Ibikunle Amosun (APC, Ogun Central), and Senator Ibrahim Geidam (APC, Yobe East)

Among stakeholders present from the executive arm of government are the Attorney-General and Minister of Justice, Abubakar Malami; Finance Minister, Zainab Ahmed, and Director-General, Budget Office, Ben Akabueze.

Share9Tweet6
Previous Post

Sochi Summit: Buhari, Putin agree to fast track Nigeria-Russia relations

Next Post

Payroll system: Federal Govt, ASUU set for showdown over IPPIS deadline

Related Posts

BREAKING: Air India flight to London crashes with 242 on board
Headlines

BREAKING: Air India flight to London crashes with 242 on board

June 12 2025
Tinubu cancels national broadcast, to address Nigerians from N’Assembly
Headlines

Tinubu cancels national broadcast, to address Nigerians from N’Assembly

June 11 2025
Kidnappers kill two policemen, abduct seven in Adamawa
Latest News

Retired Army Major dies in kidnappers’ den after N10m ransom payment

June 10 2025
Wike renames International Conference Centre after Tinubu
Headlines

Wike renames International Conference Centre after Tinubu

June 10 2025
Imo community raises alarm over forceful acquisition of ancestral land
Latest News

Stray bullet kills 20-month-old child in Imo

June 10 2025
Defection: Cross-carpeting breaches constitution, judicial precedents – Daudu Falana
Latest News

Falana warns FCTA against sealing of embassies

June 10 2025
Next Post
FG, ASUU in talks today over strike

Payroll system: Federal Govt, ASUU set for showdown over IPPIS deadline

Herdsmen consider legal option against Oyo grazing law

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Imo communities decry govt takeover of farmland

Imo communities decry govt takeover of farmland

by The Editor
May 29 2025
0

...

North-Central stakeholders demand return of APC National Chairman slot

Lagos APC aspirants protest over LG primaries

by The Editor
May 13 2025
0

...

Rivers LGs urge Ibas to tackle kidnapping, herdsmen attacks

Rivers LGs urge Ibas to tackle kidnapping, herdsmen attacks

by The Editor
May 8 2025
0

...

1,796 die in boundary, communal clashes in seven years

1,796 die in boundary, communal clashes in seven years

by The Editor
May 6 2025
0

...

APPOINTMENTS

Benue governor appoints TuFace Idibia as adviser

Benue governor appoints TuFace Idibia as adviser

by The Editor
April 23 2025
0

...

Gov. Diri heads PDP convention zoning committee

Gov. Diri heads PDP convention zoning committee

by The Editor
April 15 2025
0

...

NNPCL welcomes Ojulari, bids Kyari farewell

NNPCL welcomes Ojulari, bids Kyari farewell

by The Editor
April 2 2025
0

...

Tinubu extends Immigration CG Nandap’s tenure till 2026

Tinubu extends Immigration CG Nandap’s tenure till 2026

by The Editor
March 31 2025
0

...

ODDITIES

Ladies who wear leg chains are prostitutes, says Pastor Ibiyeomie

Ladies who wear leg chains are prostitutes, says Pastor Ibiyeomie

by The Editor
May 27 2025
0

Probe begins as Plateau market fire guts 107 shops

Father sets wife, children ablaze over alleged infidelity, daughter dies

by The Editor
May 20 2025
0

Kano varsity shuts female hostel over immorality

Kano varsity shuts female hostel over immorality

by The Editor
May 13 2025
0

GLOBAL NEWS

Equatorial Guinea warns against US travel after Trump ban

Equatorial Guinea warns against US travel after Trump ban

by The Editor
June 11 2025
0

...

Ghana bans use of honorary doctorate, professorship titles in public

Ghana bans use of honorary doctorate, professorship titles in public

by The Editor
June 10 2025
0

...

Rwanda pulls out of regional bloc over DR Congo row

Rwanda pulls out of regional bloc over DR Congo row

by The Editor
June 8 2025
0

...

Trump sends National Guard to Los Angeles over immigration raids protests

Trump sends National Guard to Los Angeles over immigration raids protests

by The Editor
June 8 2025
0

...

Plane carrying 20 people crashes in US

Plane carrying 20 people crashes in US

by The Editor
June 8 2025
0

...

State of the States

Enugu governor promises to immortalise music icon, Mike Ejeagha

Enugu governor promises to immortalise music icon, Mike Ejeagha

by The Editor
June 7 2025
0

...

Kano: Supreme Court reserves judgement on appeal against Gov. Yusuf’s sack

Gov. Yusuf declares Monday public holiday to mourn Kano athletes

by The Editor
June 1 2025
0

...

Ondo governor approves employment of 1,100 primary school teachers

Gov. Aiyedatiwa approves upgrade of 102 Ondo health centres

by The Editor
May 27 2025
0

...

Lagos to introduce monthly rent payment system

Lagos to introduce monthly rent payment system

by The Editor
May 15 2025
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
BREAKING: Air India flight to London crashes with 242 on board

BREAKING: Air India flight to London crashes with 242 on board

June 12 2025
Equatorial Guinea warns against US travel after Trump ban

Equatorial Guinea warns against US travel after Trump ban

June 11 2025
Nigeria’s manufacturing: A call for revamp – Punch

Nigeria’s manufacturing: A call for revamp – Punch

June 11 2025
2027: Only a strong northern candidate can unseat Tinubu, says Dele Momodu

Nigeria now ruled by civilian dictators, says Dele Momodu

June 11 2025

EDITORIAL REVIEW

Nigeria’s manufacturing: A call for revamp – Punch

Nigeria’s manufacturing: A call for revamp – Punch

by The Editor
June 11 2025
0

Protecting children from online predators – Punch

Protecting children from online predators – Punch

by The Editor
June 8 2025
0

Insecurity: Enough is enough – Tinubu tells NSA, Security Chiefs

Tinubu chants tiresome borrowing tune – Punch

by The Editor
June 1 2025
0

Auctioning Emefiele’s duplexes – Punch

Auctioning Emefiele’s duplexes – Punch

by The Editor
May 27 2025
0

Corruption-ridden constituency projects – Punch

Corruption-ridden constituency projects – Punch

by The Editor
May 26 2025
0

Opinion

Supreme Court affirms Mbah as Enugu State Governor

2027: Mbah, PDP and newfound political romance in Enugu

by The Editor
May 17 2025
0

...

Nigeria should emulate India’s blueprint for development

Nigeria should emulate India’s blueprint for development

by The Editor
April 21 2025
0

...

Much ado about immortalising Humphrey Nwosu

Much ado about immortalising Humphrey Nwosu

by The Editor
March 31 2025
0

...

Exit of Sahel Republics from ECOWAS – Vanguard

ECOWAS @ 50: The Mythology, Reality and the So What?

by The Editor
March 16 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.