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2021 budget National Assembly asked to stop Buhari govt from - 2021 budget: National Assembly asked to stop Buhari govt from selling national assets

2021 budget: National Assembly asked to stop Buhari govt from selling national assets

The Socio-Financial Rights and Accountability Challenge (SERAP) has urged the President of the Senate, Ahmed Lawan and the Speaker, Home of Representatives, Femi Gbajabiamila to cease President Buhari from promoting public properties to fund the 2021 finances.

SERAP tasked the federal government to chop salaries and allowances of high officers to handle the rising stage of deficit and borrowing relatively than promote nationwide belongings.

In a letter dated 16 January 2021, and signed by the CSO’s Deputy Director, Kolawole Oluwadare, the organisation mentioned the Nationwide Meeting has a constitutional and oversight accountability to guard priceless public properties and to make sure a accountable finances spending.

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It famous that disposing of priceless public properties to fund the finances was not in public curiosity and could be counter-productive, because the motion could be susceptible to corruption and mismanagement.

The rights group added that that it could undermine the social contract with Nigerians, go away the federal government worse off, and damage the nation in the long term.

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It known as for a freeze on spending in sure areas of the finances equivalent to hardship and furnishings allowances, leisure allowances, worldwide travels, shopping for of automobiles and utilities for lawmakers members and the presidency.

The letter urged the legislature to work with the presidency to repair the present damaging budgeting course of and handle systemic corruption in ministries, departments and businesses (MDAs).

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“SERAP additionally urges the Nationwide Meeting to cease approving mortgage requests by the Federal Authorities if it continues to fail to reveal transparency and accountability within the spending of the loans thus far obtained”, Oluwadare wrote.

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