Breaking News

2012 Budget: House will ensure 99 per cent implementation–Rep

Abuja – A lawmaker, Akpan Umoh (PDP-Akwa Ibom),  on Friday said the House of  Representatives would ensure 99 per cent  implementation of the 2012 budget.

In an interview Umoh said that the House would be “very robust” in its oversight functions.

NAN  recalls that on Oct.  4 at plenary, Rep. Patrick Ikhariale (PDP-Edo) had  moved a motion on the selective implementation of  the 2011 budget by the executive.

“We are going to be very serious in terms of budget implementation as it forms the bedrock of any growing democracy,” Umoh  said.

According to him, implementation of  budget is a critical aspect of the provision of dividends of democracy to the people.

“As politicians, execution of projects becomes very important to us because it forms the basis for taking democracy back to the people at home,’’ he said.

The lawmaker said that with the falling  oil price hovering around 77.7 dollars,   the country would be realistic in terms of income and expenditure in the 2012 budget.

“For once, we are going to be very realistic as it has to do with the 2012 budget,’’ he said.

The News Agency of Nigeria (NAN) recalls that the benchmark for oil was pegged  at 75 dollars per barrel. (NAN)


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.