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NDDC: Senate says it won’t work on budget unless Buhari inaugurates new board members

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NDDC: Senate says it won’t work on budget unless Buhari inaugurates new board members

  • The Senate has reportedly told President Buhari that it would not work on the NDDC budget unless the commission’s board members are sworn in
  • The lawmakers said they would not allow the members of the Interim Management Committee of the NDDC to defend the budget.
  • Apart from the NDDC issue, the Senate also frowned at the presidency over the failure of some key agencies of the government to submit audit reports for consideration

The Nation reports that the Senate insisted that it would not work on the budget unless the newly approved members of the board are inaugurated.

The president of the Senate, Ahmad Lawan, reportedly instructed the Senate committee on NDDC to work only with the board members for the defence of t budget.

The Senate said it would not allow the members of the Interim Management Committee of the NDDC to defend the budget. Apart from the NDDC budget, the Senate is also frowning at the presidency over failure of some key agencies of the government to submit audit reports for consideration.

The Central bank of Nigeria (CBN) and the Federal Inland Revenue Service (FIRS) are some of the agencies that are reportedly yet to submit their audit reports .

The Senate, therefore, issued a seven-day ultimatum, warning that there would be dire consequences if the agencies fail to submit the reports within the stipulated period.

The ninth Senate, since its inauguration, has had a smooth relationship with the presidency, unliked the Bukola Saraki-led eighth Senate.

The NDDC crisis may be the first contentious issue that will test the relationship between the two arms of government.

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Meanwhile, President Buhari has requested the Nigerian Senate to approve a foreign loan allegedly to the tune of $30 billion to the federal government.
Lawan read the president’s letter which contained the loan request during plenary on Thursday, November 28. Recall that the eighth Senate led by the former senate president, Bukola Saraki, rejected the loan request in 2016.

Though no reason was given for the rejection of the loan at the time, there have been concerns the state of Nigeria’s internal and external borrowing.

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