Politics
Senate issue Ag. President Osinbajo ultimatum over budget
No fewer than 31 agencies have spent trillions of naira without budget, and the Senate believe Acting President Yemi Osinbajo must ask the agencies to submit their budget in two weeks‘ time–or else stop spending.
The un-appropriated spending runs afoul of the provisions of the Nigerian Constitution and the Fiscal Responsibility Act.
ALSO SEE: Senate finally approves 21% budget hike
Following a motion by the Deputy Leader, Bala Na’Allah on Wednesday, the upper house a resolved that the concerned agencies should stop further spending pending compliance.
Deputy Senate President Ike Ekweremadu, Solomon Adeola, APC-Lagos;,George Sekibo, PDP-Rivers, James Manager, PDP-Delta; Barnabas Gemade, APC-Benue, also berated those agencies for flouting the law.
-
Football1 week agoArgentine presenter Florencia Peña resigns after false on-air report about Lionel Messi’s father
-
Business1 week agoAward-winning Mitsubishi L200 gets anniversary price cut in Nigerian market
-
Latest7 days agoSex video leak sparks disciplinary action as FUOYE suspends two students
-
Business7 days agoThe CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising
-
Comments and Issues7 days agoEkiti 2026: Will INEC redeem self or slide further?
-
Latest6 days agoTinubu Grants Customs Boss Adeniyi Final Six-Month Extension to Oversee Single Window Project, Succession
-
News6 days agoYiaga Africa Flags Discrepancies in Ballot Papers of Ekiti Governorship Poll
-
Football7 days agoWorld Cup group stage heats up as Germany face Ivory Coast, Netherlands meet Sweden in crucial fixtures