President of the Senate, Abubakar Bukola Saraki has set up a 15-man committee on Budget Reforms aimed at ensuring greater scrutiny, openness and creating time roadmaps that would lead to the passage and implementation of the national budgets.
The budget reforms committee include heads of five membership committees of the Senate, Sen Mohammed Ali Ndume, Appropriation, Sen Mohammed Danjuma Goje, Sen Baba Kaka Garba, Chairman House committee on Rules and Business, and Minister of Budget, Sen Udoma Udo Udoma.
The committee is to be assisted by a 10-man technical committee led by Director General, National Institute of Legislative Studies, Dr Ladi Hamalai.
Other members are: Mr Ben Akabueze- (DG Budget Office), Prof Mike Obadab, Dr Adeyemi Fajingbesi, Barr Kingsley Amaku, Chinedu Omenka Samuel, H.O. Olutoye. Hon C.I.D. Maduabum and Dr Chris Asoluka
Speaking at the inauguration of the committees, Saraki noted that over the years the nation’s budget had been subjected to undue criticism by the two arms of government and the Nigerian public leading to the resolve of his administration to establish a budget Reforms Committee.
He said: “For us in the 8th National Assembly we are ready to open a new chapter and lay a new foundation on which an effective budget process can be built. This is the task on our hands.
“It is a notorious fact that our annual budgets are yet to be fully aligned with our development goals; from conceptualisation, approval and implementation of our annual budget there is need to converge our budgeting to National planning, continuity, efficiency hence the need to revisit the process.”
Originally posted 2016-07-26 02:12:38.