Senate Gives Osinbajo 2 Weeks To Submit Budgets Of Revenue Agencies

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.

Senate To Pass 2017 Budget May 11

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.

How Suspended SGF Used Office To Loot

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.