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House of Reps seeks prompt submission of 2025 budget

Reps demand timely budget submission

admin by admin
October 16, 2024
in Development, Economy, Human Interest, News, Politics
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House of Representatives in session.

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The House of Representatives has called on the Executive to comply with Section 11(1)(b) of the Fiscal Responsibility Act (FRA) 2007 and promptly submit the 2025 Budget Proposal to the National Assembly.

This followed a motion by Rep. Clement Jimbo, emphasizing the need for the federal government to meet its legal obligation of submitting the Medium-Term Expenditure Framework at least four months before the next financial year.

“Section 88 and 89 of the 1999 Constitution, as well as section 30(1) of FRA 2007, specifically, section 88(1), stipulates that subject to other provisions of the 1999 Constitution, each house of the National Assembly shall have the power, by passing resolutions, to direct, or cause to be directed, an investigation into any matter or thing concerning which it has power to make laws, and into the conduct of affairs of any person, authority, ministry of government department charged or intended to be charged with the duty of or responsibility for executing of administrating laws enacted by the national assembly and for disbursing or administrating monies appropriated or to be appropriated by the National Assembly.

READ ALSO: House of Reps move to shift local government elections to INEC authority

“The time the National Assembly requires to exercise its functions as enshrined in section 88(2)(b) is technically being taken away by the non-compliance of section 11(1)(b) of FRA 2007 by the Executive.

Jimbo highlighted the importance of the FRA in promoting accountability, transparency, and prudent resource management, while warning that delays impact the Assembly’s ability to perform its legislative duties. The House has mandated its Committees on National Planning, Appropriation, and Finance to ensure compliance within two weeks.

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Tags: 2025 Budget ProposalHouse of RepresentativesNational Assembly
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