Among many other new introductions in the new Customs Act is the provision for the appointment of a Comptroller-General from the service by the President subject to confirmation by the Senate.
The PIB seeks to introduce reforms that would engender transparency and accountability, while at the same time making the oil and gas sector more business-oriented and profit-driven.
The Senate has given Acting President Yemi Osinbajo two weeks to submit the budgets of 31 government agencies, including the Nigerian National Petroleum Corporation, NNPC, the Nigerian Ports Authority, NPA and the Federal Inland Revenue Service, FIRS, to the National Assembly in line with the provisions of the Nigerian Constitution and the Fiscal Responsibility Act.
The 2017 budget of the National Assembly includes an eye-popping N2.7 billion for the purchase of “utility vehicles” for the Senate alone.
The National Assembly has published a summary of the details of its 2017 budget which increased from N115 billion in 2016 to approximately N125 billion this year.
The 2017 budget proposal, termed “Budget of Recovery and Growth”, was first presented before a joint committee of the National Assembly by President Muhammadu Buhari on December 14, 2016.
The report was presented on Tuesday by the chairman of the appropriations committee, Danjuma Goje, almost five months after President Muhammadu Buhari presented the budget proposal to a joint session of the National Assembly in December 2016.
The bill which was sponsored by Delta State lawmaker, James Manager, was passed after the Senate adopted the report of its committee on tertiary education and TETFUND headed by Barau Jibrin.
According to the report by the Senate ad-hoc committee, the suspended SGF converted PINE into a money making enterprise, using the agency to award contracts to cronies whose firms did not pass the requirements set by law.
The nominees – Stephen Ocheni and Suleiman Hassan – were confirmed after fielding questions from the lawmakers during Wednesday’s plenary at the floor of the Senate.