The House of Representatives said on Sunday
that the 2016 budget would require “thorough
overhauling” by the National Assembly to bring it
in tune with current economic realities.


It said it was unlikely that the N6.08tn budget
would return to President Muhammadu Buhari in
the same content and structure that it came to
the National Assembly.


Buhari had laid the estimates before a joint
session of the Senate and the House of
Representatives in Abuja on Tuesday last week,
amid tumbling prices of crude oil.


He had pegged the crude oil benchmark at $38
per barrel while actual price had dipped far below
the projected budget figure.
On Sunday, House Minority Leader, Mr. Leo Ogor,
lent his voice to concerns on whether the budget
was implementable.


Ogor said the President should know that
whatever estimates he sent to the National
Assembly were “mere proposals”, which might not
stand eventually.
“What we have before us are mere proposals.
None is sacrosanct.
“That is why we are the legislature, which has the
power of appropriation.


“The proposals will be subjected to thorough
overhauling, taking into cognisance the current
economic realities of the country and our revenue
expectations from funding sources,” Ogor added.
Also speaking with The PUNCH , the Chairman,
House Committee on Media and Public Affairs,
Mr. Abdulrazak Namdas, said he had heard
complaints about the crude oil benchmark, the
cuts in the allocations of the National Assembly
and the judiciary.


However, he clarified that the House had not
taken a position on any issue yet since members
were still observing the Christmas and New Year
break.
Namdas also stated that the breakdown of the
budget had not been made available to members;
hence, it would be difficult to say how they would
treat the proposals.


But, he confirmed that the budget would not be
returned to Buhari the way it came.
He added, “We don’t have the details or
breakdown as yet. The budget was laid and we
proceeded on break immediately.


“It is only when we resume in January that work
on the budget will start. It is hasty to say, yes,
we will increase this allocation or reduce that
one. No, I can’t say so now.
“But, one thing is certain, no budget ever returns
to the executive the way it came to the National
Assembly.”

www.punchng.com/well-overhaul-buharis-budget-say-reps/

Overhaul ?

Hmmmm

In the overhauling, the house should please remember to drastically reduce the N1.7b the President budgeted for his feeding. Just bring it to N500m, we can't be suffering while somebody who claim we are broke is overfeeding. Last administration budgeted N1b for feeding and Tinubu ran mad complaining it was excessive.

Overhaul indeed. These bloody rogues that don't generate any funds will go ahead and inflate allocation to the NASS like they are the ones the country is made for. In fact, our constitution or whatever act that gives power to these people needs to be amended.

nnachukz:
In the overhauling, the house should please remember to drastically reduce the N1.7b the President budgeted for his feeding. Just bring it to N500m, we can't be suffering while somebody who claim we are broke is overfeeding. Last administration budgeted N1b for feeding and Tinubu ran mad complaining it was excessive.

Kindly refer me to the source(credible one) of this information.

In whatever they do their actions should reflect positively in the lives of the poor and less privileged once in the country and not just to suit the high & mighty.

In the past the National Assembly would write it's own budget in the name of oversight. The law allows it to pass the budgetary proposal and not 'amend'

It will be interesting to see an amended budgest that will take present reality into cognisance. But I hope by overhaul they don't mean this...

the Chairman, House Committee on Media and Public Affairs, Mr. Abdulrazak Namdas, said he had heard complaints about the crude oil benchmark, the cuts in the allocations of the National Assembly and the judiciary.

These guys are just too selfish and insensitive

kITATITA:
In the past the National Assembly would write it's own budget in the name of oversight. The law allows it to pass the budgetary proposal and not 'amend'

Haba, they aren't rubber stamp. They will have to look into the appropriation bill for 2016 and amend where necessary.

Overhaul? We are in for long thing!

So the budget is inconclusive.
Issokay!

The NASS is a huge joke to our democracy. It is a congregation of thieves and criminals who are only interested in their pockets.

What type of overhauling can they do considering their past intervention in similar exercises where they usually increased the budget to accommodate their own negotiated amount with each ministry.

Unfortunately for them, this regime will not tow that line and Nigerians are watching. No dime should climb the budget as it is currently. If you have genuine reason to reduce it, we won't mind though.

If this happens then we should start looking at how to get rid of this people from the seat of power!!!

captain247:
In whatever they do their actions should reflect positively in the lives of the poor and less privileged once in the country and not just to suit the high & mighty.

mmmh those thouts, they are only concern about their self o

PassingShot:
The NASS is a huge joke to our democracy. It is a congregation of thieves and criminals who are only interested in their pockets.

What type of overhauling can they do considering their past intervention in similar exercises where they usually increased the budget to accommodate their own negotiated amount with each ministry.

Unfortunately for them, this regime will not tow that line and Nigerians are watching. No dime should climb the budget as it is currently. If you have genuine reason to reduce it, we won't mind though.

Please go to the thread on budget of 'change' and answer the questions raised.

chudionu58:
Please go to the thread on budget of 'change' and answer the questions raised.

OK. Expect my reply.

I've said it earlier,these boys need to the stoned.They are so useless to our march for greatness of this country.

What's the essence of this Lower chamber self. Money spent on lower house of Nass should be diverted into something meaningful

Thank goodness, the budget needs overhauling, imagine food budget for Aso villa 1.7 billion? What are they eating

Please how much is the fund budgeted for Buhari's meal for 2016?




Is someone trying to cover this figure?



We were told mama peace ate with N1bn because she's fat. This issue made headlines and we all witnessed the heavy criticisms that followed.

Now we have a very slim president with a small stomach and a "wife of the president" aka first lady who is supposedly said to be beautiful, elegant and a vegetarian.

Pidggin:
Thank goodness, the budget needs overhauling, imagine food budget for Aso villa 1.7 billion? What are they eating

Pls where is ur source for the N1.7billion Food bill news Just curious pls..

another inconclusive budget, we all know that there are so many unrealistic propositions in that budget.

how did we get here.

eleojo23:
So the budget is inconclusive.
Issokay!

The budget should be thrown into the trash can and people with sound economic judgement should draft a new budget to deal with the present economic realities

nnachukz:
In the overhauling, the house should please remember to drastically reduce the N1.7b the President budgeted for his feeding. Just bring it to N500m, we can't be suffering while somebody who claim we are broke is overfeeding. Last administration budgeted N1b for feeding and Tinubu ran mad complaining it was excessive.

You should be more concerned about if Dilector kanu will spend his new year eating watery beans in DSS prison than worrying your head about Nigeria and her problems.