By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Kakaaki ReportersKakaaki Reporters
Notification Show More
Latest News
TRIBUNAL: Gov Mutfwang Dedicates Victory To God
News
Greece Embassy Hails Amb Coomassie For His Exceptional Leadership
News
Breaking News: Gov Mutfwang Wins Again At Tribunal
News
Gov Mutfwang Knows Fate Of Election Victory Today, Judgement Ongoing
News
Mohbad’s Death: Drop Naira Marley As Your Ambassador–ACON President Tells NDLEA
News
Aa
  • News
  • Business
  • Cover Stories
  • Entertainment
  • Politics
  • Sport
  • Religion
  • Agriculture
  • Health
Reading: Dogara to Buhari: Sign Bill Mandating submission of Budget in September
Share
Aa
Kakaaki ReportersKakaaki Reporters
  • News
  • Business
  • Cover Stories
  • Entertainment
  • Politics
  • Sport
  • Religion
  • Agriculture
  • Health
Search
  • News
  • Business
  • Cover Stories
  • Entertainment
  • Politics
  • Sport
  • Religion
  • Agriculture
  • Health
Have an existing account? Sign In
Follow US
Kakaaki Reporters > Blog > Business > Dogara to Buhari: Sign Bill Mandating submission of Budget in September
Business

Dogara to Buhari: Sign Bill Mandating submission of Budget in September

Kakaaki Reporters
Last updated: 2018/07/03 at 6:35 PM
Kakaaki Reporters Published July 3, 2018
Share
SHARE

Speaker of the House of Representatives, Yakubu Dogara, has urged President Muhammadu Buhari to assent to the constitutional amendment Bill which provides for early submission of budget proposals to the National Assembly by the President.

Delivering a remark at the resumption of plenary on Tuesday, the Speaker said so long as the Bill is not signed into law, any talk of an orderly appropriations process would be mere cheap talk.

The Bill stipulates that the President shall prepare and lay before each House of the National Assembly estimates of revenue and expenditure 90 days before the end of the fiscal year, and was transmitted to the President along with other constitutional amendment Bills some of which have been assented to by the President.

“It is as a result of this that the National Assembly proposed an amendment to the section to require the President to submit the Appropriation Bill not later than 90 days to the end of the financial year. The President has not yet signed this Bill which is so critical to an orderly Appropriations process. Let me use this opportunity to remind Mr President of the fact that if this Bill does not become law, any talk of an orderly appropriations process would be mere cheap talk.

- Advertisement -
Ad imageAd image

According to the Speaker, “It is important to reiterate once again, that the National Assembly has the Constitutional powers, duty and responsibility to intervene in the budgeting process to ensure equity, federal character and even distribution of projects and amenities to all nooks and crannies of this great country as direct Representatives of the people.

“It is also important to emphasise that the 2018 budget benefitted from active cooperation and consultation between the Executive and Legislature during the Appropriation process. No doubt, Nigeria’s budgeting processes is in need of further reforms and that is why the National Assembly took the bold initiative to introduce the Budget Process Bill that is expected to lay out, timelines that will guide the appropriations process from conception to passage.

“But for this Bill to be passed, section (81) subsection (1) which gives the President power to prepare and lay before each House of the National Assembly AT ANY TIME estimates of revenue and expenditure in the financial year must be amended.”

he also charged House Committees to process all pending legislative measures before them and ensure expeditious consideration as they enter the twilight of their legislative mandate and said “we already have a record number of Bills, Resolutions and Public Petitions passed more than any other Assembly before us and we can do even more in the remaining period of our tenure.”

You Might Also Like

Marketers Eye Fresh Fuel Price Hike As Crude Hits $94

12.5kg Cooking Gas Price May Hit N18,000 December

BREAKING: Banks To Shutdown Services Tomorrow

FIRS 2023 H1 Collection: A Reflection Of The Power And Impact Of Citizens’ Civic Obligations Compliance

Agrobays-Agrofoods App Launch: Redefining Nutrition, Convenience, and Technology in Nigeria

Kakaaki Reporters July 3, 2018
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

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

Follow US

Find US on Social Medias
Facebook Like
Twitter Follow
Youtube Subscribe
Telegram Follow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
Popular News
News

Insecurity: We’ll Protect Lives, Properties Of Citizens, Kebbi Governor Assures 

Kakaaki Reporters Kakaaki Reporters June 14, 2023
2019: Hold el-Rufai Responsible Should Anything Happens To Southern Kaduna Communities-SOKAPU
Zamfara  To Spends N280 Million For  2017 Ramadan Feeding
PR Guru, Eddie Madaki Makes Africa’s 100 Most Influential Travel & Hospitality Influencers List
Order On Ballot Box Snatchers : Buhari Does Not Love Nigerians – Saraki
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
Kakaaki Reporters
We strive to provide timely, accurate, and relevant information. That contains local, national, and worldwide news, analysis, commentary, and opinion.
Quick Link
  • About Us
  • Contact
  • Advertise With Us
  • Support Us
Top Categories
  • Entertainment
  • News
  • Politics
  • Sport

© Kakaaki Reporters. Silahub Webstudio Company. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Register Lost your password?