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 threatens to dump 2018 budget

The Editor by The Editor
December 19 2017
in Headlines
A A
0
Fashola’s job under threat as Senate urges presidency to appoint separate minister of power
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

Nigerians may not have heard the last about the passage of the 2018 budget presented to a joint session of the National Assembly by President Muhammadu Buhari on November 7.

Senators in plenary Tuesday threatened to dump the fiscal estimate over alleged inconsistencies and abysmal performance of the 2017 budget.

The lawmakers took turns to criticize the performance of the 2017 budget, taking cognizance of what they called extremely low releases by the Ministry of Finance to fund projected capital projects.

They insisted that the promised passaged of the 2018 budget before the end of the year was no longer feasible.

The senators said that the promise by President Buhari that 40 per cent of the 2017 budget would be achieved before the end of the year while remaining the balance of 60 per cent would be rolled over to 2018, has not be adhered to.

The lawmakers were particularly irked by the observation that Ministries, Departments and Agencies (MDAs), only attained 15-20 per cent 2017 budget performance.

This, they said, was despite repeated assurances by the executive arm that improvement in releases of funds will be made. Most MDAs, they said, were yet to receive funds to pay salaries and as well as fund other recurrent components of the 2017 budget.

For them, the declaration by the Minister of Finance, Mrs Kemi Adeosun, that N750 billion had been released, remained questionable.

Senate President, Abubakar Bukola Saraki’s intervention saved the day as no resolution was taken at the end lengthy debate on the performance of the 2017 budget.

Many of those who contributed to the debate wanted the lifespan of the 2017 budget to be extended to  31st of March, 2018.

It was the opinion of the speakers that until the 2017 budget attained a high level of performance, the implementation of the budget should not be truncated by the passage of the 2018 budget.

The debate of the performance of the 2017 budget followed a closed door session where the lawmakers were also said to have bared their minds.

Although Saraki broached the issue of what really transpired at the closed session, Deputy Senate Leader, Bala Ibn Na’Allah raised a point of order.

Na’Allah cited Order 42 and 45 of the Senate Standing Rules to buttress his point.

The Kebbi South lawmaker told his colleagues that the plan to pass the 2018 budget before the end of 2017 was no longer feasible due to prevailing circumstances.

He warned that the prevailing template of the budget will continue to pose serious challenges to the Federal Government in the implementation of the budget.

Na’Allah noted that the template was developed and adopted during the Military era specifically when Kalu Idika Kalu was Finance minister.

He said that issue should be extensively discussed in order to proffer solutions.

Na’Allah said: “I feel that there are certain aspects that the Senate has so many things to discuss. When we suspended the plenary for two weeks, the intention was to enable committees work. They are supposed to report progress in order to enable the Senate pass the budget before the end of the year or early next year.

“When we suspended plenary, it was with the idea that the committees will swing into action so we can have a tentative date to pass the budget. From what I have seen, we might run into troubled waters. If we have not appreciated what the problems are, it is important for Nigerians to come here and understand what the problem is.

“The template we are using will continue to create problems for us. It was created during the Military era. The template cannot work in our country today. From reports we have had, it is obvious that we have problems. We need to know what the problems are. If we have a 2017 budget that has not been executed today and we are considering the 2018 budget, it means there is a problem.

“The President told us that the 2017 budget was going to achieve at least 60 per cent performance. Today, that has not happened. We need to lay this issue and discuss it. Let us put the facts before the Executive and show Nigerians the difficulties we are facing.”

Senator Barnabas Gemade, in his contribution suggested that the consideration of the 2018 budget be suspended. He also suggested that the lifespan of the 2017 budget be extended to end of March of 2018.

Gemade said, “This point of order raised is important because of what the public is waiting for. Our two weeks committee work should have led us to where we will lay the report and pass the budget. As was indicted, we need to appreciate the efforts of the executive who is trying to return the budget year from January to December.

“What we have seen is far from the 40 per cent capital project implementation we were told. In many MDAs, budget performance is hovering between 12 to 15 per cent. In early November, the borrowing plans were brought and we approved it. They said they were going to release more funds. As of now, we cannot say if that is true. “In defending the budget, MDAs are supposed to bring their 2017 budget performance to committees. When you look at the budget proposals brought here, many things captured in the 2017 budget were not rolled over. Committees and MDAs need to do some work.

“We have to set a date for the implementation of the 2017 budget based on the borrowing plans we approved. I therefore propose that we set March 31st for the 2017 budget to be implemented before we can start working on the 2018 budget. We need to guide against abandonment of ongoing projects.”

Senator Solomon Adeola wondered why the Senate should consider and approve the 2018 budget, when the performance of the 2017 budget is unknown.

The Lagos West senator prayed the Senate to invite the Minister of Finance, Mrs Adeosun to brief the chamber on the troubling low performance of the budget and why her Ministry is not releasing funds.

Adeola said, “How can we approve the 2018 budget without knowing the performance of 2017 budget? This is abnormal. From the recent budget defences, it is obvious that MDAs are not ready. Year in, year out, the budget performance is low. Last week, a Minister was asked to excuse lawmakers because he did come prepared. He did not come with the necessary documents to defend the budget of his Ministry.

“We need to show to Nigerians that the National Assembly is ready to approve the budget. Remember that the President during the presentation of the 2018 budget, said the performance of the 2017 budget will attain at least 40 per cent. But that has not been done. I am suggesting that we invite the Minister of Finance to brief us on the performance of the 2017 budget. We need to be told.

“Remember how the Executive submitted the MTEF and withdrew it again. It submitted it and withdrew it again. It shows the lack of seriousness on the part of economic managers of the country.”

Chairman, Senate Committee on Public Account, Senator Matthew Urhoghide, noted that the consideration of the 2018 budget be suspended, pending when the 2017 budget will attain appreciable level of performance.

He said, “I want to say that the budget of 2018 is already bedeviled. For us to be able to determine the 2018, we need to see the performance of 2017. Many MDAs are complaining that what they are getting for recurrent expenditure is not even for them. More worrisome is the capital expenditure.

“Last week, the Minister of Finance announced that N750 billion had been released. If this money has been released, MDAs are yet to get this money. With the envelope budgeting they are doing, we do not know what has been given to MDAs.

“I want to say that every consideration about the 2018 budget should be put at bay. This executive is not serious. Let them tell us what they have done with the 2017 budget. The budget presentation is an annual ritual that is not benefiting anybody,” he said.

Senator Mohammed Hassan, (Yobe South) proposed the setting up of a technical committee to come up with a standard format on how to handle the 2018 budget.

He specifically listed the inclusion of N8.5 billion in the budget of Ministry of Power for counterpart funding of the Mambila Power projected when the National Assembly had already approved a loan of $5.5 billion for the presidency.

He noted that the Senate was told that part of the $5.5 billion loan would be used for the counterpart funding of the Mambila power project.

Hassan said: “Many of us have been made to do the work of the executive. We need to set up a small technical committee to come up with a standard format on how to handle the 2018 budget. It is very important to do that.”

Senator Dino Melaye, on his part, described the 2018 budget as a ‘boju boju’ document.

The Kogi West lawmaker said that it was obvious that the 2018 budget proposal was “garnished with deception.”

He stated: “The President of the Federal Republic of Nigeria, Muhammadu Buhari, said during the budget presentation that the 2017 budget will be rolled over. I took the 2017 budget and went through it page by page. There is no relationship between the two documents. The budget we received was a ‘boju boju’ budget. Why do we package a 2018 budget that was garnished with deception”

“There is about N850 trillion with the CBN. There is an outstanding of N1.5 trillion from collection of stamp duties with the CBN. This money has not been remitted. Yet we took over N2 trillion loan. We need to strengthen the office of the Accountant-General of the Federation.

“The NNPC was supposed to remit hundreds of billions of naira last year. They did not do that. Yet, we say we are fighting corruption. We cannot continue in sin and ask grace to abound. The issue of discussing the 2018 budget should not even arise.

“Enough is enough. We must ensure that the 2017 budget is properly implemented. We must ensure that the budget is an elitist. What they have brought to us is a just a proposal. We need to give Nigerians a budget that will benefit Nigerians.”

Saraki who did not subject the points and proposal made to vote noted that if the executive refused to act, by rolling over the 2017 budget as promised, it will be a disaster. Saraki added that lawmakers are not magicians.

He said, “Truly, it is very disheartening and disappointing because we know how much we have put into the budget process. How can anybody who is responsible travel at this period when the budget defence is ongoing?

“The budget has not been implemented. We cannot be magicians. We just have to work and give a good budget to Nigerians. The executive really needs to sit up. If they have refused to roll over the 2017 projects into 2018, it is a disaster. We have to work with what we have.” – The Nation.

 

Share9Tweet6
Previous Post

Budget: Ekiti Assembly passes N96bn for 2018

Next Post

Breaking: Council Chairmen in court to void approval for $1bn Boko Haram fund

Related Posts

Senator denies bill to rename Kaduna to Zazzau State
Headlines

Kaduna govt, Police debunk kidnapping of 100 worshippers

January 20 2026
FG opens 2026 overseas scholarships for MSc, PhD students
Headlines

FG opens 2026 overseas scholarships for MSc, PhD students

January 20 2026
INEC debunks reports of 2027 election timetable
Headlines

INEC debunks reports of 2027 election timetable

January 2 2026
Police suspend tinted glass permit enforcement
Headlines

Police suspend tinted glass permit enforcement

January 2 2026
US lawmaker warns of rising ISIS threat in Nigeria
Headlines

US lawmaker warns of rising ISIS threat in Nigeria

January 2 2026
BREAKING: Peter Obi dumps Labour Party, defects to ADC
Headlines

BREAKING: Peter Obi dumps Labour Party, defects to ADC

December 31 2025
Next Post
Beyond Boko Haram’s killing fields – Thisday

Breaking: Council Chairmen in court to void approval for $1bn Boko Haram fund

Nigeria and the HIV/AIDS burden – Thisday

Nigeria and the HIV/AIDS burden - Thisday

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

by The Editor
January 20 2026
0

...

Ogun State cancels Awujale selection process

Ogun State cancels Awujale selection process

by The Editor
December 18 2025
0

...

60 princes vie for Awujale stool as Ogun govt reviews selection process

60 princes vie for Awujale stool as Ogun govt reviews selection process

by The Editor
December 16 2025
0

...

Police dismiss gunmen attack in Lagos community

Police dismiss gunmen attack in Lagos community

by The Editor
December 12 2025
0

...

APPOINTMENTS

Tinubu confers GCON on business associate, Chagoury

Tinubu confers GCON on business associate, Chagoury

by The Editor
January 20 2026
0

...

FG targets Dana Air assets to refund trapped passenger funds

FG reshuffles NCAA directors amid corruption allegations

by The Editor
December 26 2025
0

...

Senate screens Tinubu’s nominees for NMDPRA, NUPRC

Senate screens Tinubu’s nominees for NMDPRA, NUPRC

by The Editor
December 18 2025
0

...

Govt launches power outage reporting app

Pres. Tinubu reconstitutes NERC board

by The Editor
December 18 2025
0

...

ODDITIES

Woman battling cancer seeks second wife for sex-starved husband

Woman battling cancer seeks second wife for sex-starved husband

by The Editor
December 27 2025
0

Man kills cousin over ₦1,000 burial refund in Delta State

Man kills cousin over ₦1,000 burial refund in Delta State

by The Editor
December 22 2025
0

Gunmen attack bereaved Benue family, demand proceeds from burial

Gunmen attack bereaved Benue family, demand proceeds from burial

by The Editor
December 20 2025
0

GLOBAL NEWS

Trump charges $1bn for permanent seat on Gaza ‘Board of Peace’, invites Putin

Trump charges $1bn for permanent seat on Gaza ‘Board of Peace’, invites Putin

by The Editor
January 20 2026
0

...

Somaliland denies agreeing to host Israeli bases, resettle Palestinians

Somaliland denies agreeing to host Israeli bases, resettle Palestinians

by The Editor
January 2 2026
0

...

Mali, Burkina Faso restrict entry to US nationals in tit-for-tat move

Mali, Burkina Faso restrict entry to US nationals in tit-for-tat move

by The Editor
January 2 2026
0

...

Yemen declares state of emergency, orders UAE troops out

Yemen declares state of emergency, orders UAE troops out

by The Editor
December 30 2025
0

...

Guinea’s junta chief Mamady Doumbouya

Junta chief Doumbouya takes early lead in Guinea election

by The Editor
December 30 2025
0

...

State of the States

Sanwo-Olu signs 2026 Lagos budget into law

Sanwo-Olu signs 2026 Lagos budget into law

by The Editor
January 20 2026
0

...

LASTMA dismisses five, sanctions 14 officers for misconduct

LASTMA dismisses five, sanctions 14 officers for misconduct

by The Editor
January 2 2026
0

...

Gombe governor leads funeral prayers for seven journalists

Gombe governor leads funeral prayers for seven journalists

by The Editor
December 30 2025
0

...

Gov. Adeleke signs Osun 2026 appropriation bill into law

Gov. Adeleke signs Osun 2026 appropriation bill into law

by The Editor
December 29 2025
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Trump charges $1bn for permanent seat on Gaza ‘Board of Peace’, invites Putin

Trump charges $1bn for permanent seat on Gaza ‘Board of Peace’, invites Putin

January 20 2026
Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

January 20 2026
Outrage in Borno as APC excludes Shettima’s photo at North-East hearing

Outrage in Borno as APC excludes Shettima’s photo at North-East hearing

January 20 2026
Fed Govt to continue $418m Paris Club refund deductions – Malami tells governors

DSS picks up Malami after release from Kuje Prison

January 20 2026

EDITORIAL REVIEW

Drug tests for public office aspirants, a must – Punch

Drug tests for public office aspirants, a must – Punch

by The Editor
January 9 2026
0

Economy in 2026: From risk to recovery – Punch

Economy in 2026: From risk to recovery – Punch

by The Editor
January 2 2026
0

FG launches digital platform to transition to paperless operation

LGs: Executive Order opposes federalism – Punch

by The Editor
December 30 2025
0

US launches strikes against ISIS terrorists in Sokoto

Implications of US air strikes in Nigeria – Punch

by The Editor
December 29 2025
0

Sole administrator confirms release of withheld Rivers LG allocations

Emergency: Supreme Court ruling assaults federalism – Punch

by The Editor
December 26 2025
0

Opinion

SEC explains licence grant to two crypto exchanges in Nigeria

New cryptocurrency tax regime in Nigeria

by The Editor
January 20 2026
0

...

Air Peace pledges free evacuation, medicals for trafficked Nigerian girls in Ivory Coast

No, Nigerian airfares are not the cheapest

by The Editor
December 29 2025
0

...

Tax document fraud: Governance and trust deficit

Tax document fraud: Governance and trust deficit

by The Editor
December 22 2025
0

...

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

by The Editor
December 8 2025
0

...

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

© 2026 TheCitizen Ng. All Rights Reserved.

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

© 2026 TheCitizen Ng. All Rights Reserved.