By Alex Okoro

OrderPaperToday – The House of Representatives has turned down a move to document the implementation of the Single Treasury Account (TSA) in the proposed 2016 budget.

This happened when the House considered the report and recommendations of its Committees on Finance, Appropriations, Aids, Loans and Debt Management on the 2016-2018 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) of the Federal Government.

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Majority Leader of the House, Femi Gbajabiamila in a point of order had asked that the House expunge the implementation of TSA with e-collection platform as stated in the 7th recommendation of the report.

Gbajabiamila said the Committees did not inform the House before the TSA inclusion in the MTEF report to the House.

On the 12th recommendation, Minority Leader of the House, Leo Ogor in a point of order asked that the arrears of the 2015 fuel subsidy for domestic consumption as proposed in the MTEF be expunged.

Ogor disclosed that the arrears has already been paid in the 2015 supplementary budget so should not be included again in the proposed 2016 budget.

“The 2016-2018 MTEF is a futuristic document so the recommendation should be expunged”,he said.

In other recommendations, the House agreed with the Senate on use of US$38 per barrel as benchmark for 2016 budget.

The report was submitted by Mr. Babangida Ibrahim during Thursday’s plenary session.

The presiding officer, Speaker Yakubu Dogara however constituted a conference committee to correct the grey areas pointed out by the House and also seek concurrence with the Senate.



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