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Senators bemoan Yar’Adua’s poor budget performance

By Emmanuel Aziken & Shaibu Inalegwu

Abuja — The Senate yesterday poured scorn on President Umaru Yar’Adua’s implementation of budgets with its presiding officer, Chief David Mark, urging the administration to immediately reorder his seven-point agenda to a manageable frame.

Driving home its frustrations on the implementation of the budget by the administration, the Senate President also ordered the Nigerian National Petroleum Corporation (NNPC), the Central Bank of Nigeria (CBN) and all other revenue generating agencies of the Federal Government to pool their incomes into the federation account for appropriation by the National Assembly.

The Senate nevertheless advanced the N4.07 trillion appropriation bill for second reading yesterday.
Besides, the Senate resolved to stand down plenary sittings for the next two weeks to enable Senate committees attend to the budget proposals of the Ministries, Departments and Agencies of the Federal Government.
Debate on the Appropriation Bill was repleted with complaints by Senators who complained on the poor implementation of the federal budget which was generally put at 30 per cent for capital projects.

While Senators from the Niger Delta including Senators Paulker Emmanuel, Effiong Bob, James Manager and Nimi Barigha-Amange, faulted the overwhelming weight of the East-West road on the budget of the Ministry of Niger Delta Affairs, others like Senator Joy Emodi faulted the sectoral allocations in the federal budget.

Senator Emodi described the 6.1 per cent growth rate projects as over ambitious.


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