Senator Enang faults FG on use of 2025 revenue to fund 2024 budget

Date:

By Musa Baba Adamu

Senator Ita Enang yesterday in Abuja, faulted its implementation of 2024 budget with revenue generated in 2025, positing that affected projects ought to have been rolled into 2025 fiscal year and budgetary provisions .
Ita Enang who expressed his displeasure with the practice while fielding questions from journalists covering the Senate at his Ibom Chambers, said it is inappropriate just as he declared that defected legislators at the National and State Houses of Assembly , have lost their seats in the eye of the law .
“ Each year’s revenue should fund that year’s expenditure. Projects not completed in 2024 should have been rolled over and captured in the 2025 budgetary provisions .
“The reality is that the federal government does not have enough money to fund its responsibilities which is making it to borrow money for budget deficit funding .
“ But the year of budget implementation and revenue generation supposed to have been same , not what we have at hand now where capital component of 2024 budget , is being implemented by revenue generated in 2025 due to extension of implementation of its life span from December 31st 2024 to December 31st , 2025 “, he said.
He however stated that the borrowing plans of the federal government, were in order , particularly those meant for funding budget deficit .
“To my knowledge, every budget — including those of 2024 and 2025 — has always contained a deficit, and provision for borrowing to fund that deficit. So, the current borrowings were anticipated in the Appropriation Act”, he said .
Defecting politicians and not the ruling All Progressives Party ( APC) , according to him, are the ones turning Nigeria into a one party state .
“Nigeria is not becoming a one-party state by any machination of the APC or the Tinubu administration. It is happening because other political parties have failed to survive as true institutions.
“Most of them exist for a week or two in the news and disappear. Some collapse under internal disputes; others are bought up or enjoined by court orders.
“So, what party do you expect people to belong to? Naturally, they gravitate toward the one that is functional.
“My only concern is the status of members of the National Assembly and state assemblies who defect without a declared divisions in their parties.
“The Constitution is clear: if there is no court-declared division, and you leave your party, you lose your seat — whether it is formally declared vacant or not.
“The Supreme Court has affirmed that such defectors must even refund all salaries and allowances collected after defection”, he said .

READ MORE  SAS’s defection is a blessing to APC

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

2027: Kebbi APC moves to reconcile aggrieved members

The Kebbi State chapter of the All Progressives...

COAS inaugurates 100 Soldiers’ housing units in Kaduna

The Chief of Army Staff (COAS), Lt.-Gen. Waidi...

DICON leverages AFRIDEX 2026 to advance indigenous defence industry

The Defence Industries Corporation of Nigeria (DICON) says it...

Minister Matawalle woos global defence firms to boost Nigeria’s military production

The Minister of State for Defence, Bello Matawalle, has...