Politics
House Restrains LG On Excess Crude Oil Fund
The Kogi State House of Assembly has passed a resolution restraining local government councils from utilising proceeds from the excess crude oil as well as the intervention fund without an approved supplementary budget passed by their respective legislative councils and proper vetting by the Assembly. Our correspondents reports that the lawmakers made the move to entrench accountability and fiscal discipline in the local government administration. Moving the motion which was jointly sponsored by Hon. Adams Olorunmo of Ijumu Constituency and Hon. Zachare Ohiemi, representing Olamaboro Constituency, as well as Hon. Ibrahim Yunusa representing Bassa Constituency, the lawmakers said motion has become imperative, in view the discovery that most of the councils did not have an approved budget for 2009. Deliberating on the motion titled “utilisation of proceeds from excess crude oil and intervention fund to local governments” which was unanimously adopted on the floor of the house, members decried the way and manner previous funds were expended on projects without an approved budget.
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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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