Featured
2022 Budget: APC rep protests Buhari didn’t increase NASS budget above N134 bn
The spokesman of the House of Representatives has attacked the Nigeria budget office for allocating N134 billion to the National Assembly in the 2022 Appropriation bill.
Hon Benjamin Kalu (APC-Abuja) said despite the increase in the amount of statutory transfers in the 2022 budget, the percentage of transfer to the National Assembly did not reflect the increase.
“This concerns the House. It concerns the House because, the statutory transfer as we have mentioned, there is an increase from N484.49 billion to N768.28 billion and that is a reflection of 58.7 percent increase; an increase of about N283.79 billion. Do you know that this increase does not reflect in the amount that comes to the National Assembly?”
“But remember, when we had a budget with lower aggregate expenditure, it was reduced from N150 billion to N128 billion though, we have the challenges our forex and the challenges of the purchasing power of the currency; why are we remaining on N134 billion? Do you know what N134 billion represent for the statutory transfer?
“Let me give you this example; in 2019, we had N125 billion given to the NASS and that is at the level of 1.42 percent of the N8.83 trillion.
“In 2020, we had N128 billion given to National Assembly. That was a reduction from 1.42 to 1.18 percentage of that N10.8 trillion.
“In 2021, we were given N134 billion which now represents 0.98 percent of N13.1 trillion but this year, we are given N134 billion again which is now representing 0.82 percent here.
The NASS comprises 109 senators and 360 honorables in the upper and lower chambers respectively
And many have called for a unicameral system where members are not many.
-
Featured5 days agoTwo arrested after England team equipment stolen ahead of World Cup opener
-
Aviation1 week agoNSIB recovers black boxes as probe deepens into private jet’s highway landing in Delta
-
Energy1 week agoPower crisis driving inflation, rising production costs, job losses, advocacy group warns
-
Business1 week agoGround handlers suspend services to Max Air over unpaid debts
-
Latest7 days agoBattle for Atiku’s running mate intensifies as Okonjo-Iweala exits contest
-
Aviation1 week agoNCAA probes incident as aircraft lands on under-construction road
-
Business1 day agoNigeria launches FreeTV digital platform with over 100 free channels
-
Energy6 days agoHigh costs, visa challenges dampen excitement ahead of 2026 World Cup

