by AljazirahNigeria | December 4, 2017 10:14 am
The Senator representing Lagos East Senatorial District, Gbenga Ashafa, has decried Federal Government’s poor funding of the 2017 Budget.
Speaking at the Senate plenary on the 2018 budget proposal presented to the National Assembly by President Muhammadu Buhari, he argued that the budget could not be discussed without reference to the previous ones.
His words: “In 2016, the size of the budget was N6.07 trillion while that of 2017 was N7.2 trillion, now it is projected that the 2018 budget will be N8.6 trillion, about 16 per cent higher than last year’s estimates.
“While it is okay to have a large budget or increase in the size of the budget, it is more important to ensure that it should be adequately funded. The challenge of the 2017 budget has remained the lack of funding of most agencies. This must be prevented in the 2018 cycle.”
Ashafa added that although the Federal Government was short of funds for a major part of 2017, certain important agencies of government with capital and infrastructure projects that affect majority of Nigerians would have been prioritised.
He also highlighted the slow procurement process by some ministries, departments and agencies (MDAs) for capital projects in the 2017 Appropriation Act, a situation he, again, linked to poor funding.
He, however, urged President Muhammadu Buhari to sign the amendments to Procurement Act, as passed by the National Assembly stating that: “One of cardinal amendments of the Procurement Act, is to reduce the time spent on the procurement process substantially in order to expedite the award of contracts and speed up the process of governance.”
In spite of these observations, Ashafa, however commended President Buhari for being sensitive to the plight Nigerians by ensuring the completion and introduction of rail projects, which he said, would ultimately touch every part of the country.
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