Connect with us

Politics

Senate begins debate on 2022 Appropriation Bill

Published

on

Senate begins debate on 2022 Appropriation Bill
Spread the love

Senate begins debate on 2022 Appropriation Bill

The Senate on Tuesday began debate on the 2022 Appropriation Bill.
This followed the presentation of the lead debate on the general principles of the bill by the Senate Leader, Yahaya Abdullahi, during plenary.

The bill is titled “A Bill for an Act to authorise the issuance from the Consolidated Revenue Fund of the Federation, the total sum of N16.39 trillion of which N768.28 billion is for statutory transfers.”

Presenting the bill for second reading, Mr Abdullahi recalled that President Muhammadu Buhari had last Thursday presented the 2022 Budget of N16.39 trillion to the National Assembly for consideration.

The budget is entitled “Budget of Economic Growth and Sustainability.”

ALSO READ:  Stop guessing population figures, conduct census ―Reps member tasks FG

“In accordance with our Standing Order 92(1b), the 2022 Appropriation Bill is billed to have been read for the first time by virtue of its presentation to a joint session of the National Assembly.

“A total expenditure of N16.39 trillion is proposed for the Federal Government in 2022.

“The proposed expenditure comprises: Statutory Transfers of N768.28 billion; Non-debt Recurrent Costs of N6.83 trillion; Personnel Costs of N4.11 trillion.

“Pensions, Gratuities and Retirees’ Benefits N577.0 billion Naira; Overheads of N792.39 billion, Capital Expenditure of N5.35 trillion including the capital component of Statutory Transfers; Debt Service of N3.61 trillion and Sinking Fund of N292.71 billion to retire certain maturing bonds, ” he said.

Mr Abdullahi added: ”We plan to finance the deficit mainly by new borrowings totalling N5.01 trillion, N90.73 billion from Privatisation Proceeds and N1.16 trillion drawdowns on loans secured for specific development projects.

ALSO READ:  Anambra Guber: Maduka Gains Momentum In Anambra As 326 Wards Sing Support

“Some have expressed concern over our resort to borrowing to finance our fiscal gaps. They are right to be concerned.

“However, we believe that the debt level of the federal government is still within sustainable limits. Borrowings are to specific strategic projects and can be verified publicly.”

Contributing, Senate Minority Leader, Eyinnaya Abaribe, while speaking on cutting down the expenditure, said “I do not think that the problem is the expenditure that goes to supporting our people.

Senate begins debate on 2022 Appropriation Bill

“I think the expenditure is that on government itself, 40 per cent of what we spent today on overhead can be cut.”

ALSO READ:  2023 Presidency: Group Shortlists 18 Potential Igbo Candidates

He said the government should be creative in making sure that it cuts down the expenditure.

Adamu Aliero (APC-Kebbi) said there was a need to explore other avenues of funding critical projects.

“These critical projects should be taken by the private sector as long as there is an enabling environment; as long as there are ways and means of recovering whatever money they invest.

“Public-Private Partnership is a way of harnessing critical infrastructure without relying on the budget or on borrowing or on deficit,” Mr Aliero said.

Senate President, Ahmad Lawan, urged other senators who would like to make contributions on the next legislative day to get prepared.

(NAN)

Click to comment

Leave a Reply

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

Politics

APC appeal com’tt okay Niger Congress, says no petition, complaint received

Published

on

By

APC appeal com'tt okay Niger Congress, says no petition, complaint received
Spread the love

APC appeal com’tt okay Niger Congress, says no petition, complaint received

The Chairman of the State Congress Appeal Committee in Niger state, Chief Ray Morphy, has said that his committee did not recieve petition or complaint regarding the recently conducted state congress of the ruling All Progressives Congress (APC) in Niger state.

Chief Morphy declared that the appeal committee’s exercise was open, inclusive and democratic.

The national secretariat of APC had set up appeal panel for each state to hear the grievances of aggrieved party members over the recently conducted congresses.

In a statement released to newsmen Wednesday in Abuja, Chief Morphy said: “From ward congresses through local government, up to state level, the APC congresses in Niger were splendid. The state adopted the option of consensus in which every interest group was represented and carried along.

ALSO READ:  2023 Presidency: Group Shortlists 18 Potential Igbo Candidates

“As the chairman of the Appeal Committee for the three levels of Congress, I can confirm that we received no petition or complaint.

“My committee was on ground in Minna at the Party Secretariat and no one showed with either a written or oral petition. We had several stakeholders meeting and all we were getting was commendation for the democratic and inclusive nature of the process in Niger state.”

The APC chieftain also dismissed media reports claiming that some persons could not submit their petitions to the Appeal Committee in Niger state.

“I am therefore surprised that anyone can claim that he or she sought to submit a petition and was denied.

ALSO READ:  Buhari Appoints Ex-IGP Sacked By Jonathan For ‘Gross Indiscipline’ As PTF Chairman

“That in my view is a figment of such a person’s imagination because the congresses were done in the open and witnessed by all relevant agencies that are empowered to do so.

“Our sittings as an Appeal Committee was also in the open. No one showed up to complain.”

Continue Reading

Politics

Anambra guber: INEC says inconclusive poll can’t be ruled out

Published

on

By

Anambra guber: INEC says inconclusive poll can’t be ruled out
Spread the love

Anambra guber: INEC says inconclusive poll can’t be ruled out

The Independent National Electoral Commission says an inconclusive election cannot be ruled out in Anambra State governorship poll next week.

INEC’s National Commissioner for Voter Education and Publicity, Mr. Festus Okoye, said this on a live programme on Nigeria Info 95.1fm Abuja on Tuesday which was monitored by one of our correspondents.

Okoye, while responding to questions from callers regarding inconclusive elections, stated that the Electoral Act and the constitution state conditions for electoral victory.

He argued that as long as no candidate meets the requirement, another election would be conducted.

Okoye added, “The issue of inconclusive elections is embedded in our electoral framework. For instance, in Anambra State, constitutionally, before you can be declared as having won the governorship election, you must score a quarter of the votes cast in two thirds of all the local government areas of Anambra State and you must score a majority of all votes.

Anambra guber: INEC says inconclusive poll can’t be ruled out

“If no candidate in the election scores against this geographical spread and also scores majority of lawful votes cast in the election, you will have an inconclusive election and you must go back to organise a second election in order to get the person who has won. So, the issue of inconclusive election is embedded in our electoral framework.”

ALSO READ:  PDP Drafts Governors, Ex-Ministers To Resolve Internal Crisis

He argued that based on the insecurity in the state, if elections are cancelled in any particular local government in Anambra and it is discovered that such cancellation could affect the outcome of the poll, then the exercise would be deemed inconclusive.

“Moreover, if for instance, on account of insecurity, we are unable to deploy to five local government areas for instance and the votes from all other local governments are assembled, if the total number of registered voters in these five local government where we did not conduct election has the capacity to affect the outcome of the elections where we have already conducted elections, we will declare it inconclusive until we have conducted election in all these other five local governments where we didn’t conduct elections,” the INEC commissioner added.

ALSO READ:  Reject proposal on zoning to save PDP, leaders' forum tells NEC

Okoye argued that declaring inconclusive elections under circumstances are based on the constitution, the Electoral Act and its guidelines.

“So there is nothing untoward or obscene about it and nothing odious in what we are doing in relation to the election,” he said.

The INEC commissioner stated that the pavilion and collation centre of the commission which were burnt earlier in the year had been reconstructed as well as all stores housing their materials.

Meanwhile, INEC has said new 81,778 Permanent Voter Cards had been printed and would be delivered to its office on October 28.

Okoye said this in a statement on Tuesday after the commission’s meeting in Abuja to review preparations for the Anambra election.

According to him, a total of 138,802 Nigerians completed the registration during the Continuous Voter Registration exercise in the State.

ALSO READ:  Stop guessing population figures, conduct census ―Reps member tasks FG

Okoye said after a thorough cleaning up of the data, it was discovered that the number of multiple registrants was 62,698 forcing valid registrants to drop to 76,104.

“During the same period, there were 5,674 requests for transfers, update of voter information and replacement of lost or damaged cards, giving a cumulative total of 81,778 PVCs. These cards have been printed and will be delivered to our office in Anambra State on Thursday October 28, 2021”, he said.

Okoye said the commission would work out the most efficient means of ensuring that the voters concerned collect their PVCs in earnest, adding that “fortunately, the commission has the telephone numbers and e-mail addresses of all the new registrants. They will be contacted to make the collection seamless.”

He assured the people of the commission’s determination to proceed with the conduct of the election while appealing to all the critical stakeholders and citizens to cooperate with the commission for a successful exercise.

Continue Reading

Politics

Anambra Guber: 81,778 PVCs Ready For Collection – INEC

Published

on

By

Anambra Guber: 81,778 PVCs Ready For Collection - INEC
Spread the love

Anambra Guber: 81,778 PVCs Ready For Collection – INEC

The Independent National Electoral Commission (INEC) on Tuesday said that 81,778 newly printed Permanent Voter Cards (PVCs) were ready for collection in Anambra State.

INEC disclosed this in a statement titled “ Update on Preparations for the Anambra State Governorship Election”, signed by Festus Okoye, National Commissioner and Chairman, Information and Voter Education Committee, on Tuesday in Abuja.

Okoye said that the new printed PVCs included newly registered voters and those who applied for replacement or transfer of their cards in the state during the just concluded first phase of the Continuous Voter Registration in the state.

ALSO READ:  Anambra Guber: Maduka Gains Momentum In Anambra As 326 Wards Sing Support

He said that the cards had been printed and would be delivered to the INEC office in Anambra State on Thursday.

“In our previous update, the Commission informed the public that a total of 138,802 Nigerians completed the registration in Anambra State.

“After a thorough cleaning up of the data, it was discovered that the number of multiple registrants was 62,698.

Anambra Guber: 81,778 PVCs Ready For Collection – INEC

“Consequently, the number of valid registrants dropped to 76,104.

“During the same period, there were 5,674 requests for transfers, update of voter information and replacement of lost or damaged cards, giving a cumulative total of 81,778 PVCs.

ALSO READ:  Edo 2020: Obaseki Expresses Disappointment Over Non-functional Card Readers, Laments INEC’s Unpreparedness

“These cards have been printed and will be delivered to our office in Anambra State on Thursday, Oct. 28.

“The Resident Electoral Commissioner for Anambra State and his staff shall work out the most efficient means of ensuring that the voters concerned collect their PVCs in earnest.

“Fortunately, the Commission has the telephone numbers and e-mail addresses of all the new registrants. They will be contacted to make the collection seamless,” Okoye said.

Continue Reading

Trending