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Senate suspends plenary to begin budget defense

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Chamber Senate
Senate in Session
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…Adjourns till Nov. 9  

 
The Senate on Wednesday adjourned plenary till November 9, 2021, to enable its Committees begin budget defense sessions with Ministries, Departments and Agencies.

The upper chamber suspended sitting after concluding debate on the 2022 Appropriation Bill.

Lawan, in his remarks moments before the chamber adjourned, tasked committees to thoroughly scrutinize budget estimates in the 2022 Appropriation Bill before the National Assembly.

He said, “The Senate has hereby suspended plenary in order to consider the budget.

“There will be budget defense from Monday until November 9, when we resume plenary.

“Like we did before, we must remain very critical of the proposals presented to us by the executive arm of government.

“We must ensure equity in the distribution of projects. We must ensure economy in the application of funds. We must question any possible overpricing of items.

“[And] we should be able at the end of the day to have a budget that covers the interest of all the communities that we have in this and all parts of the country.”

Earlier, a total of 42 Senators took turns to make their contributions during the second and final day of debate on the 2022 Appropriation Bill.

Among those who spoke are Senators Aliyu Sabi Abdullahi, Adelere Oriolowo, Patrick Akinyelure, Ibrahim Gobir, Smart Adeyemi, Ibrahim Abdullahi, George Thompson Sekibo, Christopher Ekpenyong, Betty Apiafi, Mohammed Musa, Michael Opeyemi Bamidele, Michael Nnachi, and Yahaya Oloriegbe.

Others are: Matthew Urhoghide, Francis Fadahunsi, Mukhail Adetokunbo Abiru, Anayo Rochas Okorocha,  Oyelola Ashiru, Jarigbe Agom Jarigbe, Hezekiah Dimka, Binos Dauda Yaroe, Chukwuma Frank Ibezim, Olalekan Mustapha, Chukwuka Utazi, Abba Patrick Moro, Danladi Sankara, and Isah Jibrin.

Contributing to the debate on the 2022 Appropriation Bill, Senator Ibrahim Danbaba (PDP, Sokoto South), underscored the need for the federal government to include Public-Private Partnership as a way to fund the provision of critical infrastructure needed for economic development.

Senator Smart Adeyemi (APC, Kogi West), called for the urgent diversification of the economy through mining, adding that there are abundant mineral resources yet to be exploited by the federal government.

Senator George Thompson Sekibo (PDP, River East) advised the Central Bank of Nigeria to come up with policies that would help stabilize the country’s exchange rate over a period of time.

He also lamented that the implementation of capital projects in the 2022 budget proposal were tied to borrowing.

Senator Christopher Ekpenyong (PDP, Akwa Ibom North West), called for the scrutiny and tinkering of the budget estimates by the National Assembly, to ensure that it reflects the needs and meets the expectations of Nigerians.

Senator Betty Apiafi (PDP, Rivers West), protested the exclusion of some states as beneficiaries of the loan to be sourced by the federal government.

According to the lawmaker, some states such as Rivers State do not stand to benefit from the loan through projects, but are among those to repay the loan obtained by Nigeria.

She also called on the federal government to give special attention to the power sector, adding that doing so would attract and promote private investments.

On his part, Senator Sani Musa (APC, Niger East) described the 2022 budget outlook as “good”, noting that “Nigeria’s debt level is sustainable”.

The lawmaker urged the federal government to ensure that borrowed funds are applied to critical projects.

According to him, focus must also be given to revenue generation, as well as the examination of the country’s tax framework.

He noted that doing so would ensure strict compliance by taxpayers and boost Nigeria’s revenue collection.

The Senate President, Ahmad Lawan, referred the 2022 Appropriation Bill after scaling second reading to the Committee on Appropriations for further work.

The Committee which is chaired by Senator Jibrin Barau was given four weeks to report back to the upper chamber.

The Senate President, in his concluding remarks said, “I want to join all those that have commended Mr. President for presenting the Appropriation Bill 2022 in good time.

“This is one of the very important reasons why we are able to have sufficient time to consider the budgets (2020 and 2021) before the 2022 Appropriation bill was presented.

“I want to also Senators for the sacrifice in processing, consideration and passage of the 2020 and 2021 Appropriation Acts.

“That devotion, commitment and dedication certainly saw us succeed in passing the previous bills.

“I’m sure that we are ready to repeat the feat of passing the appropriation bill 2022 before the end of December.

“Distinguished colleagues, I agree with those of us who raised the issue of revenue generation, collection and remittances to the coffers of the federal government.

“The agencies that are supposed to collect and remit revenues would have to be tasked, and this 2022 appropriation bill shows we have over 400 billion coming especially from these agencies as additional revenues. We need to do better.

“Government agencies must remit revenues that they generate. We need to also invest in our people, dedication for our youth particularly and, of course, health.

“Distinguished colleagues, borrowing like most of us here said, is not bad. What we need to do is to ensure that what we borrow is prudently deployed in those areas of capital infrastructural development.

“The two or three committees that are oil related – Petroleum Upstream and Petroleum Downstream and Gas – need to be very alert to the implementation of the Petroleum Industry Act.

“This is very important  because this Act that we passed here is to transform the Petroleum Industry, and at this formative age of the transformation, there is need for us to be very vigilant and oversight very closely to ensure that the taking off is successful.

“Our oversight as Committees must be very purposeful and at all times for the sole reason of ensuring that government funds are properly and prudently applied to the projects appropriated for.

“Finally, I want to commend the entire National Assembly for ensuring that the previous budgets were passed in good time and, of course, the assent was also the same.

“The implementation of 2020 budget was 100 percent. Today, the implementation of the 2021 is about sixty percent. We want to see a repeat of the 2020 implementation, so that we also have 100 percent at the end of the day in December.

“This is very important because we know that Nigeria came out of recession, and in fact achieved a GDP growth of over five percent because of the implementation of the 2020 funds appropriated.”

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EID El Fitr: Let’s Embrace Ramadan Lessons – Senator Bamidele

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Senate Leader, Senator Michael Opeyemi Bamidele
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Leader of the Senate, Senator Michael Opeyemi Bamidele has rejoiced with the Muslim faithful as they celebrate Eid-el-Fitr nationwide.

Senator Bamidele in a statement he signed explains that ‘Eid-el-Fitr marks the end of the 2024 Ramadan fasting, which started from March 10 and ended on April 9. Stressing that Within this timeframe, we must have learnt a lot of lessons, especially at this critical time in our history’

The lawmaker says the period of Ramadan should again remind us about the essence of forgiving others, ministering of compassion to the less privilege, respect for human dignity, promoting peaceful co-existence and upholding propriety and piety in all facets of life, which we must all embrace irrespective of our ethnic and religious leanings.

The statement reads: ‘These lessons are not meant for the period of Ramadan fasting only. Also, they are indeed principles and values, which should always guide and shape the life of every Nigerian, the quest of all businesses and conglomerates, the timeless task of building our fatherland as well as the decisions of the governments at all levels’

‘Now that Ramadan has come to an end, these lessons should reflect in the way we support our governments to resolve the myriad of internal challenges that we are collectively as a federation. It should reflect in the way we intercede the more for this federation to sustain the gains of economic stability and political cohesion that we have started experiencing in recent times. It should also reflect in our approaches to conducting businesses; running governments at all levels and discharging civic responsibilities on a daily basis’

‘Since the sustained implementation of pro-people macro-economic policies under this government, stability has started returning to economic and fiscal spaces. As against ₦1,900/$ in February 2024, the value of Naira is ₦1,117.5/$ as at Wednesday. This represents a gain of about 42% within the space of two months.

Besides, the Central Bank of Nigeria (CBN) has settled $7 billion valid foreign exchange backlogs. The federal government has paid back a whopping sum of ₦4.83 trillion out of ₦30 trillion ways and means it obtained from the CBN. And the flow of foreign direct investments is improving by the day.’
‘With these indices, the consumer price index, which measures inflation, will no doubt begin to drop significantly by mid-year as we sustain the drive for economic and fiscal stability. At the National Assembly, we are committed to providing much-needed parliamentary buffers that always support key public institutions to efficiently discharge their mandates consistent with the provisions of the Constitution of the Federal Republic of Nigeria, 1999.’
Sustaining our drive for economic stability, political cohesion and social inclusion no doubt demands the outright adherence to the core essence of Eid-el-Fitr, which in entirety forbids the sabotage of government policies, the quest for profiteering, the exploitation of our collective resources and the sponsoring of internal disharmony, all in the name of selfish interest and political aspiration’

‘Happy Eid-el-Fitr Celebration to all Muslims Nationwide’

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Easter: Senate Leader Calls for Emulation of Sacrificial Spirit of Jesus Christ.

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Senate Leader, Senator Michael Opeyemi Bamidele
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As Nigerians join the rest of the world to celebrate another Easter in remembrance of the death and resurrection of our Lord Jesus Christ; the Senate Leader, Senator Micheal Opeyemi Bamidele  has called on them to imbibe the sacrifice and pains the saviour of mankind went through on the cross.

Bamidele who said this in a statement issued by his Directorate of Media and Public Affairs, noted that the price paid by Jesus Christ which eventually saved humanity from eternal damnation could be likened to the economic hardship currently being experienced by Nigerians, a situation he assured will pay off in due course.

He noted that “it is pertinent for us as an individual and citizens of Federal Republic of Nigeria to pick one or two lessons from the sacrifice of Jesus Christ on the cross, though it was a painful sacrifice, but the sacrifice paved the way for our external redemption.

“It is in the interest of nation building for both the leaders and followers to learn the importance of sacrifice as panacea to lay foundation for the future of any nation.

“The sacrifice we are undergoing today may be painful just as it was for Jesus Christ over 2000 years ago, yet I call on the citizenry to remain hopeful and undistracted as there’s light at the end of the tunnel.

“We should not allow pessimists to paint a picture of a failed nation before us, without recourse to the relentless efforts of the current administration of President Bola Ahmed Tinubu,” he assured.

Bamidele further expressed optimism that whatever sacrifice Nigerians may be going through shall not be in vain; adding that the Federal Government is on top of the situation and laying the foundation for a prosperous Nigeria.

He said current economic indices can attest to the fact that there are unprecedented rapid reforms taking place across key sectors of the life of the nation.

He gave the instance of the Foreign Exchange that had hit the roof top few weeks ago but now drastically dropping by 32.6 percent as a result of pragmatic steps taken by President Tinubu and and his economic team.

Bamidele further assured that investors are currently trooping into the country with job creating opportunities, while the National Assembly is prepared to give the President all the needed legislative backing to ensure that the sacrifices of Nigerians are soon rewarded.

The Senate Leader therefore urged Nigerians; as they continue to celebrate this year’s Easter to remember the leadership of the country in their prayers for divine wisdom and direction to pilot our affairs to a safe location.

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Constituency Projects: Oyebanji Joins Senate Leader On Tour Of Project Sites in Ekiti

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Ekiti State Governor, Biodun Oyebanji and Senate Leader, Sen. Michael Opeyemi Bamidele
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Ekiti State Governor, Biodun Oyebanji has commended the members of the State Caucus in the National Assembly for their dedication to the advancement of development in the State.

The Governor praised their efforts in initiating constituency projects that directly tackle pressing needs and improve the lives of citizens.

Oyebanji gave the commendation in Ado-Ekiti, the State Capital on Tuesday when he joined the Senator representing Ekiti Central Senatorial District and Leader of the Senate, Senator Michael Opeyemi Bamidele, on a tour of his constituency projects spanning various local government areas within the senatorial district.

The Governor said he is delighted at the remarkable partnership between the state government and National Assembly members, which according to him is now yielding positive results for the people of the state.

He explained that the projects are testimonials to what is possible when there is unity of purpose between the Executive and the legislative arms of government, commending Senator Bamidele’s commitment to grassroots development, dedication to service, and relentless pursuit of initiatives that directly impact the people.

While expressing his gratitude to Senator Bamidele, the Governor lauded the Senate Leader’s proactive approach to governance and his ability to mobilize resources to effectively implement impactful projects that uplift the socio-economic status of the people.

Governor Oyebanji reiterated his administration’s support for the projects and pledged continued collaboration with National Assembly members to advance sustainable development in the state, adding that he was confident that with the Senator’s visionary leadership and collective efforts of all stakeholders, Ekiti would continue to experience greater strides in development and prosperity.

“I am excited, happy and extremely grateful to God for this partnership that is working in the interest of Ekiti people, like the Senate Leader said, this is what we have when there is unity of purpose and collective ownership of vision to develop the state. A vision to run with the Renewed Hope Agenda of Mr President, and this tells me that I need to dig deeper in ensuring that there is continuous unity among the stakeholders in the National Assembly, “ the Governor said.

Earlier in his remarks, Senator Bamidele who thanked the Governor for his support and cooperation in realizing various development projects, said the purpose of the inspection is to assess the progress and impact of the projects across his constituency.

The Senate Leader, while emphasizing the significance of teamwork between the executive and legislative arms in driving positive change and progress in the state, restated his commitment to representing the interests of Ekiti people and working closely with the state government to address the people’s needs.

Senator Bamidele attributed various development projects in the state to purposeful and exemplary leadership provided by the Governor and assured the people that he would continue to work tirelessly to ensure the advancement of the interests of the people and promote development within the state.

“Part of the reason why this is going on is because am at peace with myself, am at peace with the state government and I don’t have any reason to want to isolate myself from what the state government is doing and we thank God Almighty”. He asserted.

Projects inspected included EKSU internal roads and the newly built medical student’s hostels, the newly built state Library in Ado Ekiti, the Mini stadium and sports complex in Erijiyan Ekiti, Intensive Care Unit and Amenities Center at Aramoko General Hospital, Ijero township road, newly built Iyin Ekiti General Hospital Intensive care Unit and Amenities Center, Iyin – Ilawe road, among others.

 

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