Politics
Senate Approves 2020-2022 MTEF,FSP …Raises FG’s Expenditure Estimates
The Senate yesterday, approved the 2020 to 2022 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper(FSP).
The approval, followed the adoption of a 16-point recommendations by the National Assembly Joint Committee Finance and National Planning which considered the MTEF and FSP documents.
Part of the recommendations approved by senate was to increase the Federal Government’s total expenditure estimates in the MTEF/FSP from N10.002 trillion to N10,729.4 trillion.
This amounts to an increase of additional N729 billion.
The joint committee had conducted a public hearing on the MTEF and FSP on October 2.
The committee had engaged revenue generating agencies in the country on the contents of the MTEF and FSP forwarded by President Muhammadu Buhari for consideration.
Following, debates by over 20 senators on the recommendations, senate adopted the 57dollars per barrel as crude oil benchmark price for the fiscal year 2020.
It also approved the retaining of N305 to one dollar to ensure economic stability.
It also adopted 2.18mbpd as daily crude oil production output in 2020.
It noted that the 2.18mbpd approved would be realised, given concerted effort by Nigerian National Petroleum Corporation (NNPC) and security agencies to combat oil theft and vandalism.
It also recommended an increase in the revenue target of Nigeria Customs Service(NCS) from N942.6 billion to N1.5 trillion,given the performance of the NCS in the last nine months.
It further recommended that N557.4 billion from the revenue increment of NCS be used to reduce borrowing by N200 billion and increase capital expenditure.
This,it said would help decrease the size of the budget deficit from N1.7 trillion to N1.5trillion and also increase capital available to MDAs by N357 billion from N1.01trillion to N1.367 trillion.
It recommended the adoption of N1.5trillion as the amount for new borrowing,adding that the borrowing must be tied to critical projects to increase productivity.
It also recommended the earmarking of 1 per cent of the consolidated revenue to finance basic health care.
It recommended that proper investigation be carried out on the electronic collection of stamp duties domiciled with the Central Bank of Nigeria(CBN)to ensue accountability and increase revenue base.
It also recommended proper investigation on NNPC to ascertain the actual cost associated with the joint venture oil agreements.
It recommended for a call for an urgent review of the Fiscal Responsibility Act and other laws of the revenue generating agencies to align with current realities.
It further urged the national assembly to expedite action on the passage of the finance bill which would be brought along with the budget.
2020 budget by President Muhammadu Buhari.
Lawan said there was the need for the Federal Inland Revenue Services (FIRS) to widen the tax net to generate more revenue for capital expenditure.
Lawan said there was the need for other revenue generating agencies to provide their revenue performances, noting that only that of the NCS was indicated in the recommendation.
He also called for the diversification of the economy from a mono economy via agriculture, solid minerals and tourism
Prof. Amupitan gave the warning on Saturday, in Port Harcourt, Rivers State, during the South-South Zonal Readiness Assessment and Interactive Staff Engagement organised ahead of the 2027 general elections.
He said insecurity remained a potential challenge to the electoral process but stressed that the Commission would not allow threats against its personnel to undermine its constitutional responsibilities.
“Insecurity may pose a challenge, but our collective constitutional resolve is far stronger. Let me again send a clear message from Port Harcourt: anyone who attempts to threaten, intimidate, or harm our ad-hoc staff, NYSC members, or permanent personnel will be brought to justice under the full weight of the law,” he said.
The INEC Chairman, who was accompanied by National Commissioners, directors and technical aides, disclosed that the South-South engagement was the fifth in a series of zonal assessments, following similar exercises in the South-West, North-West, South-East and North-East.
He explained that his physical presence across the geopolitical zones reflected the Commission’s field-first approach, emphasising that electoral integrity must be established through effective operations at the grassroots.
According to him, the assessment would cover operational preparedness across the 123 Local Government Areas in the six South-South states.
On election security, Prof. Amupitan said INEC had moved away from reactive security arrangements traditionally activated around election day to a proactive, intelligence-driven framework known as the “ICCES Tentacle”.
He explained that the framework was designed to extend inter-agency security coordination from national and state headquarters to local government areas and Registration Area Centres, including remote communities.
He identified three critical pillars of the framework as mapping and mitigating security threats, protecting electoral personnel and infrastructure, and guaranteeing safe access to polling units.
The INEC boss said the security arrangement would provide comprehensive protection for electoral personnel, technological infrastructure, including Bimodal Voter Accreditation System (BVAS) devices and server infrastructure, as well as voters.
He added that the framework was intended to ensure that every polling unit, irrespective of its geographical location or history of security challenges, remained safe and accessible for the exercise of democratic rights.
Prof. Amupitan disclosed that the South-South security architecture comprised approximately 60 major operational formations, headquarters and state commands operating under the Inter-Agency Consultative Committee on Election Security (ICCES).
The network, he said, brings together military, naval, air, police and other security and intelligence agencies across the six states.
“Together, this integrated multi-agency network represents the operational backbone that guarantees intelligence-led protection across every riverine creek, coastal axis, and land-based polling unit in the Niger Delta,” he stated.
Providing an overview of the region’s electoral significance, the INEC Chairman said the South-South had the fourth-largest voting bloc in the country, with 15,823,550 registered voters, representing 15.30 per cent of the national register.
Rivers State alone, he said, accounts for 3,736,434 registered voters spread across the 23 local government areas.
Alhaji Abubakar made the demand following revelations that some INEC registration officers allegedly abused their access to the voter registration system to introduce irregular records into the database.
In a statement issued by his Director of Strategic Communications, Mr Phrank Shaibu, the former vice-president described the development as a serious breach of the Commission’s internal safeguards and raised concerns about the integrity of the electoral process.
He urged INEC to identify the officials implicated in the alleged misconduct and explain what disciplinary or legal measures had been taken against them.
Alhaji Abubakar also called for an independent forensic audit of the preliminary voters’ register to establish the scale of the alleged manipulation, identify affected records and determine how the questionable entries were introduced into the system.
He further insisted that INEC preserve all relevant voter records, image files, system access logs and electronic audit trails to prevent the destruction or alteration of evidence before an independent examination could be conducted.
The former vice-president also demanded that the Commission disclose the identities of companies contracted to produce sensitive election materials ahead of the 2027 polls, arguing that transparency was essential to building public confidence in the electoral process.
INEC’s Director of Information and Communication Technology, Dr Lawrence Bayode, had earlier disclosed during a television interview that some registration officers across the country allegedly used their official login credentials to introduce irregularities into the voters’ database.
Dr Bayode explained that the Commission’s Automated Biometric Identification System helped identify questionable records and establish how some irregularities entered the system.
He, however, clarified that not all suspicious photographs were AI-generated, as some resulted from poor registration procedures.
The development followed public concerns over suspected AI-generated photographs, alleged duplicate entries and other inconsistencies discovered in the preliminary voters’ register published online on October 26, 2026.
INEC has maintained that the published document is a preliminary register and that it is reviewing questionable records ahead of the certification of the final Register of Voters.
The controversy has intensified calls for greater transparency and accountability in the management of the voters’ register as preparations gather momentum for the 2027 general elections.
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