OrderPaperToday – The Minister of Finance, Mrs. Kemi Adeosun and her counterpart in Budget & Planning, Sen. Udo Udoma have been invited to appear before the Senate and House of Representatives’ joint Committees on Appropriation to clarify issues in the much bungled 2016 budget.

This is as the House committee on Education has rejected the entire budget of the Ministry of Education because what was being defended by officials was in total variance to the proposal presented to the National Assembly by President Muhammadu Buhari.
The invitation to the two ministers was disclosed by Mr. Tajudeen Yusuf (PDP, Kogi), Chairman, House Committee on Capital Markets and other institutions on Thursday in Abuja during an interactive session with the Investment and Securities Tribunal (IST),

Mr. Yusuf who lamented that the 2016 budget proposal for IST was a duplicate of the 2015 budget proposal, threatened that parliament will hold the Budget Office of the Federation responsible for various errors and padding observed in the 2016 budget proposal.

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“We took the budget of the IST, which is the investment Court, unfortunately we realized what was contained in the 2016 budget proposal was just the exact copy of the 2015 budget appropriation,” he said, saying further: “Word for word and figure for figure. Items that have been completed in 2015 were repeated.”
Meanwhile, the House Committee on Basic Education led by Mr. Zakari Mohammed (Kwara-APC), has stopped further work on the  2016 budget defence of Ministry of Education and agencies under it.

Speaking on the resolution of the committee, Kehinde Odeneye (APC, Ogun) said “the area of contention is simple. The figures that the ministry was talking about is not what was actually captured.
“The resolution of the committee is for the ministry to go back, look at what the budget office has given to them and come back here, represent and defend those figures before the committee.

“If their is any need for additional funding, they should put that request forward and we will look at it.”

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