The Senate has invited the Minister of Finance, Mrs. Kemi Adeosun, and Minister of Budget and National Planning, Senator Udo Udoma, to brief it on the implementation of the 2017 Appropriation Act.
The upper chamber of the National Assembly, at the plenary on Tuesday, scored the Executive low on the implementation of the national budget, especially over inadequate release of funds for capital projects.
This was contained in a motion moved by Senator Gbenga Ashafa, titled: ‘Inadequate releases in the 2017 budget and the need to expedite releases in order to stimulate the economy’, which was adopted by the lawmakers.
The Senate unanimously adopted a prayer of the motion to “request that the Minister of Finance and the Minister of Budget and National Planning appear before the Senate in plenary immediately to brief the Senate on the cause of the inadequate releases and steps being taken to expedite release of funds for the capital component of the 2017 Appropriation Act.
Photo Caption: Senate President, Senator Bukola Saraki
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