Buhari will comply with fiscal responsibility act

Buhari will comply with fiscal responsibility act – Spokesman

President Buhari

The administration of President Muhammadu Buhari, which came to power on the plank of anti-corruption and good governance, will fully comply with the provisions of the Fiscal Responsibility Act and other extant laws as they relate to the submission of budget proposals of Federal Government agencies and corporations to the National Assembly.

A statement issued by Malam Garba Shehu, Senior Special Assistant to the President on Media, he said the President has lived up to this commitment of accountability and transparency with the recent submission of the proposed budgets of CBN, NNPC, Nigerian Ports Authority and others.

“The transmission of budgets for the MDAs to the National Assembly, particularly those regarding the Central Bank and the NNPC behemoth is clearly unprecedented.

“The President is determined to make the budgeting process more transparent and participatory.

“It is all part of the re-engineering of the entire processes of governance for the benefit of ordinary citizens,” Malam Shehu stated.

According to Shehu, the President strongly believes that good governance and transparency are integral to the nation’s progress and key to the Federal Government’s programme to revamp the economy.

He said by responding positively to the demand of the National Assembly that MDA budgets be laid before it for scrutiny, a demand mostly ignored by past administrations, “President Buhari has indeed given a clear indication of his commitment to an open, transparent and people-oriented government for Nigerians.’’

The Presidential spokesman added that the current administration has also demonstrated its respect for the parliament, as a principal arm of government in a constitutional democracy.

“Our hope and expectation is that the National Assembly, acting in the best interest of the nation will allow the immediate operationalization of the MDAs budgets, so that the momentum of growth of the economy which has begun to build up will be sustained,” Shehu said.

Comments

Houthis Claim Attack on Central Israel in Response to Gaza ‘Massacres’

The ongoing conflict between Israel and Hamas has taken a concerning regional turn as the Houthi rebels in Yemen claimed responsibility for an attack on central Israel. The group announced this as part of their escalating response to what they describe as "massacres" in Gaza amid the Israeli military’s operations in the strip. Details of the Attack The Houthis, a Shiite militant group with ties to Iran, declared that they launched missile and drone strikes targeting Israel. While the exact impact of these attacks remains unclear, reports suggest that Israel’s defense systems intercepted several threats over its airspace. This marks a significant escalation as the Houthis widen their involvement in the conflict beyond their typical operations within Yemen and neighboring Saudi Arabia. The Houthis’ Justification In their statement, the Houthis framed the attack as retaliation for Israel’s military actions in Gaza, which they characterized as indiscriminate bombings resultin...

Fire: UniJos Senate convenes emergency meeting on Monday

Fire at the University of Jos Library University of Jos is to convene an emergency senate meeting on Monday to review the level of damage done to the institution by the Saturday night inferno. The Vice Chancellor, Prof. Sebastian Maimako, disclosed this on Sunday after inspecting areas affected by the incident. The fire, which lasted for more than six hours, destroyed the Library Complex that equally houses the faculties of management and social sciences. The fire also destroyed examination scripts, books and very crucial materials. Consequently, the vice-chancellor said “the Senate will meet tomorrow (Monday) to take a decision about the unmarked examination scripts that were burnt.” On the cause of the inferno, Maimako said investigation had commenced, adding that “nothing has been confirmed yet. We are still investigating.” The vice chancellor said the school was already working with federal authorities toward establishing a main fire station since the mini fire station in t...

Fall of Assad is a Blow to Russia's Prestige

The potential fall of Syrian President Bashar al-Assad, a long-standing ally of Russia, would mark a turning point in Moscow’s global influence, particularly in the Middle East. Steve Rosenberg’s analysis underscores the profound implications for Russia, which has invested heavily—both militarily and politically—in ensuring Assad’s survival over the past decade. This article delves into why Assad’s downfall would strike at the core of Russian prestige and what it could mean for the broader geopolitical landscape. Russia's Strategic Commitment to Syria Since the outbreak of the Syrian civil war in 2011, Russia has been a staunch supporter of Assad's regime. In 2015, Moscow launched a military intervention that proved decisive in stabilizing Assad’s hold on power. This intervention solidified Russia's role as a key power broker in the Middle East and demonstrated its willingness to project military power far beyond its borders. Syria is not just an ally for Russia; it is a...

Global Naija Info

Search This Blog