Politics
Cut Governance Cost, Not Just Reducing Travel Entourage -Obi
The presidential candidate of the Labour Party (LP) in the 2023 general elections, Mr Peter Obi, has said that what Nigerians need is a 60 percent cut in the cost of governance and not a reduction of travel entourages.
Mr Obi made this assertion in a statement via his verified X (formerly Twitter) handle on Wednesday.
His comment comes after President Bola Tinubu slashed the number of people on federal government entourages for international and local travels by 60 percent.
According to Ajuri Ngelale, presidential spokesperson, the move was part of cost cutting measures of the presidency.
The measure will affect the office of the president, vice-president, first lady, ministers and heads of agencies.
But Mr Obi said the measure “is just scratching the surface” because it will only lead to a negligible saving.
He also said the 2024 budget needs to be revised to cut all wasteful and unnecessary items.
Mr Obi stated, “The just announced 60% cut in the size of federal official entourages on travels is one positive step towards the reduction of cost of governance and a way of halting wastage.
“But this measure is just scratching the surface as it is limited in scope and can only lead to a very negligible saving. We are yet to be told how much savings this will amount to.
“While this modest step may be somewhat commendable, what is desirable should be both a 60% reduction in federal official overseas trips as well as a 60% reduction in the size of delegations.
“Most importantly, what our current economic reality demands is a 60% reduction in the total cost of governance at the Federal level. This implies that the recently passed federal budget needs to be revised to cut all wasteful and unnecessary items.
“This is the level of cost-cutting and savings that can meaningfully impact the present state of the economy. This level of cut in the cost of government should lead to substantial savings.
“Such savings should be used to fund the productive sectors of the economy and the much-needed social investments, especially in three key areas: education, healthcare, and the migration of millions of Nigerians from poverty.
“Most importantly, it is not enough to announce arbitrary cuts in the size of federal official entourages. The nation needs to be informed of how much the measure will save and where such savings will be applied.”
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NASS Sets Date For 2025 Budget Passage
Chairman, Senate committee on appropriations, Sen. Solomon Adeola, stated this on Monday in Abuja at a meeting with the chairmen of standing committees in the Senate.
According to him, Jan. 31 is the date for laying of reports on the appropriation bill before the Senate and the House of Representatives.
He said upon resumption from Christmas and New Year break on Jan. 14, both chambers of the national assembly would suspend plenary for two weeks for budget defence by ministries, departments and agencies (MDAs).
Sen. Adeola also said that NASS had fixed Jan. 9 for an open day on the budget to enable various stakeholders, aside heads of MDAs, to make inputs on the budget.
“A tentative time table has been drawn for consideration of the budget at committee level.
“Budget defence sessions begin from Jan. 7, while reports from various committees are expected to be submitted from 15th to 18th of this month.
“Afterwards, collation and tidying up of the various reports will be done by the appropriation committee, with the hope of laying final report on the budget at the Senate on 31st of this month.
“However, the 31st of January fixed for laying of the budget is tentative, as it is just given to guide our work,” he said.
The principal officers of the Senate who attended the meeting included: the Deputy Leader, Sen. Lola Ashiru and Senate Whip, Sen. Tahir Monguno.
They said that the timeframe for consideration and passage of the 2025 budget by the national assembly was short.
They, however, expressed hope on the timely passage of the budget.
The committee, thereafter, went into a closed door session with chairmen of the various standing committees in the Senate.
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