Senate slams 1 week ultimatum on committees to submit 2017 budget reports
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SENATE SLAMS 1-WEEK ULTIMATUM ON COMMITTEES TO SUBMIT 2017 BUDGET REPORTS
Abuja, Nigeria - The Senate has issued a stern warning to its committees to submit their reports on the 2017 budget within one week, failing which, the upper chamber will take drastic measures.
The Senate, in a statement issued on Tuesday, gave the committees a seven-day ultimatum to submit their reports, which are expected to provide a detailed breakdown of the budget implementation.
According to the statement, the Senate is concerned that the delay in submitting the reports is hindering the effective oversight of the budget implementation and the passage of subsequent budgets.
The Senate President, Ahmad Lawan, who issued the ultimatum, warned that any committee that fails to submit its report within the stipulated time will be taken to task.
"We expect the committees to take this ultimatum seriously and submit their reports within the next seven days," Lawan said. "We cannot continue to delay the passage of subsequent budgets due to the failure of committees to submit their reports on time."
The Senate's move is seen as a bid to ensure that the 2017 budget is implemented effectively and that the country's economy is boosted.
The 2017 budget, which was passed in May 2016, has been criticized for its poor implementation, with many Nigerians calling for a review of the budget and its implementation.
The Senate's ultimatum has been welcomed by many Nigerians, who are eager to see the effective implementation of the budget and the passage of subsequent budgets.
In related news, the Senate has also announced that it will conduct a thorough investigation into the delay in the implementation of the 2017 budget.
The investigation, which is expected to be conducted by the Senate Committee on Finance, will look into the reasons for the delay and identify the culprits responsible for the delay.
The Senate's move is seen as a bid to ensure that those responsible for the delay are held accountable and that measures are put in place to prevent similar delays in the future.
Overall, the Senate's ultimatum and investigation are seen as a bid to ensure that the 2017 budget is implemented effectively and that the country's economy is boosted.