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Senate warns MDAs of zero allocation for skipping hearings

Committee members indicated plans to summon other agencies, including the NNPC and NEITI to address discrepancies in their submissions. The senate, through its finance committee, issued a stern warning on Monday, threatening to withhold 2025 budget allocations for government agencies that fail to appear for scrutiny of their 2024 expenditure records.. This warning came during an investigative hearing focused on internally generated revenue, fiscal accountability, and the overall state of Nigeria’s financial management system. The...

NASS fumes as MDAs default on compliance with resolutions

Data gathered by OrderPaper reveals that only 15 percent of MDAs have complied with Senate resolutions, while the House of Representatives recorded an even lower compliance rate of 5 percent.  The National Assembly (NASS) has expressed displeasure with and warned Ministries, Departments, and Agencies (MDAs) of the federal government against non-compliance with resolutions from plenary of the Senate and House of Representatives. Chairman of the Senate Committee on Legislative Compliance, Sen. Garba Maidoki (PDP, Kebbi...

In accelerated approval, Senate extends 2023 budget by 3 months

The senate extended implementation of the 2023 budget till March 31st 2024, to allow MDAs to utilise capital releases which would otherwise be returned to treasury The Senate has granted an accelerated passsage to an amendment of the 2023 budget and the supplementray money bill passed last November. The rationale is to extend the implementation of the 2023 budget till March 31, 2024 so that Ministries, Departments, and Agencies (MDAs) of the Federal Government some...

EXPLAINER: The Budget: What it means and why it is important

The annual budget determines how our lives as citizens are impacted by the government, which, acting on our behalf, allocates resources from our commonwealth to provide services for our benefit Do you know that the budget is a law? And like all laws passed by the legislature, it follows the same stages that a bill travels to become law. Since it is one of the most critical laws enacted annually in the country, is it...

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