Download Android Version
      




Manage your Employees, Payroll & Stock with Divine HRM. Click here for demo.

National Assembly declines approval to Buhari’s $496m Tucano jets’ anticipatory spending

National Assembly has finally declined to accede to President Muhammadu Buhari approve the anticipatory approval of the sum of $496 million for the procurement of Tucano Jets.
Buhari via a letter sent to the Senate and House of Representatives confirmed giving anticipatory approval for the payment of $496 million out of the $1 billion to be withdrawn from the Excess Crude Account.
Worried by the development, the lawmakers who accused the President of usurping the powers of the National Assembly as enshrined in the 1999 Constitution (as amended), threatened to initiate Buhari’s impeachment.
Most of the lawmakers from the Lower Chamber also faulted the communication procedure adopted by the Presidency.
To this end, the leadership of the House mandated its Committee on Rules and Business to ascertain whether there was a precedence for such arbitrary approval in other climes.
In response to BusinessDay inquiry, Timothy Golu, chairman, House Committee on Budget and Research explained that the issue of Tucano Jets was not part of the deliberations of the
House during the consideration of the N9.120 trillion budget which was approved.
He also noted that the proviso in the Appropriation bill stipulates that any request for such approval should come by way of Supplementary Budget, signaling the rejection of the President’s request.
On his part, Abdulrasak Namdas, chairman, House Committee on Media and Publicity, maintained that the request was dead on arrival as the Parliament opposed to any form of impunity.
 
KEHINDE AKINTOLA, Abuja
The post National Assembly declines approval to Buhari’s $496m Tucano jets’ anticipatory spending appeared first on BusinessDay : News you can trust .

Top News