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N-Assembly gets only 3.5% of national budget – Ayogu Eze

By Ben Agande & Inalegu Shaibu
ABUJA — The Senate, yesterday, reacted to the statement credited to the Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, that the 25 per cent of the national budget is expended on the National Assembly, saying the statement was part of an orchestrated campaign to tarnish the image of the National Assembly.

Chairman of the Senate Committee on Information and Media and spokesman for the Senate, Senator Ayogu Eze, who addressed Senate correspondents said the Governor of the Central Bank might be summoned to provide further clarification on the statement attributed to him.

The CBN governor was quoted in the media as saying that the situation whereby 25 per cent of the country’s revenue spending yearly goes to the National Assembly is unhealthy for the country and its economy.

But in his reaction yesterday, Ayogu said the statement credited to the Governor of the CBN  was not only mischievous but embarrassing and calculated to tarnish the image of the National Assembly.

According to him, “the total budget figure for the year 2010 as amended is N4,427,184,596, 534. That is the entire budget of the federation. And the entire budget of the National Assembly, including the Senate, the House of Representatives, the National Assembly Service Commission, our legislative aides and all the entire current and capital expenditure for the year 2010 is N158,916,167,627.

What we have is N4.427 trillion for the entire federation and what the National Assembly gets is N0.158 trillion which is 3.5 percent of the entire budget of the federation. So where is the mathematics of the 25 percent coming from?

“I think that this is not only mischievous,  it is calculated to tarnish the image and reputation of the National Assembly and it is part of the orchestrated assault, verbal and sometimes physical, against the National Assembly by some misinformed  people who do not wish the National Assembly well.”


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