The Senate, on Thursday in Abuja, concluded debate on the general principles of the 2013 Appropriation Bill of N4.92 trillion as the aggregate expenditure, and referred it to the Committee on Appropriation for further legislative tinkering that will last for three weeks.
After debating the performance of the 2012 budget and an in-depth analysis of the 2013 Appropriation Bill, the Senate, however, blamed the executive for poor implementation of the previous budget, just as the lawmakers called for effective implementation of the 2013 budget.
Its's time Nigerians know facts and figures on revenue earnings from crude oil....
Meanwhile, Senate President David Mark, yesterday, told the committee that time was ripe for Nigerians to know the true facts and figures on revenue earnings from oil as well as ensure that what was released to the Ministries, Departments and Agencies, MDAs, had cash backing.
He said: "Revenue generation is extremely important because we can continue to assume that we are producing so many barrels and that so much has come in, but if we don’t touch the heart of it to make sure we are dealing with facts and figure, then we would be talking about imaginary figures.
“I think the committee on finance should get to the root of that to know how much we have realised at the end of the year and then we would know how much has been utilised. It is one thing to say that so much has been released to MDAs, but if they are not cash backed, then that release is merely on paper.
While urging the Senators to ensure that they carry out an effective oversight to assess the level of budget implementation, Mark said: “Whatever we say about the budget, if we pass it and can implement exactly what we passed faithfully, then, we would not have the complaints that we have.”
He said: "Revenue generation is extremely important because we can continue to assume that we are producing so many barrels and that so much has come in, but if we don’t touch the heart of it to make sure we are dealing with facts and figure, then we would be talking about imaginary figures.
“I think the committee on finance should get to the root of that to know how much we have realised at the end of the year and then we would know how much has been utilised. It is one thing to say that so much has been released to MDAs, but if they are not cash backed, then that release is merely on paper.
While urging the Senators to ensure that they carry out an effective oversight to assess the level of budget implementation, Mark said: “Whatever we say about the budget, if we pass it and can implement exactly what we passed faithfully, then, we would not have the complaints that we have.”
That is if Allison and the NNPC cabal backed by Jonathan will ever allow Nigerians to know what is going on in the oil industry
ReplyDeletePresidency will never disclose d facts and figures of oil revenue even if d National Assembly will go to hell
ReplyDeleteDavid mark talking abt telling us d truth. like we dnt know who he is
ReplyDeletewo< mr anonymous, u are saying the truth o jere.
DeleteEvery Nigerian dont need to know how much we make since government is using the money for development and they can see development.
ReplyDeleteHon Tony
i know you are one of the cabals
DeleteIn as much as i support Mark in this instance, Nigerians will also want to know in keeping with 'full disclosure' requirements of the National assembly, how much is credited to each member's bank account every month. We are really getting fed up with all these leadership by subterfuge.
ReplyDeleteIts a pitty that Mark is saying this after how many years of experience? But its not over untill its over, Nigerians should rise up & should not take this msg with levity. Becos by now when we ought to have stopped importations of fuel & have up to 10 refinaries, the govt is not doing anything & trillions of fund is embezelled. Does it means we do not love this natio at all? ADEWUSI
ReplyDeleteAll leaders are the same, useless and self centered. The NASS should also declare their emoluments to the Nigerian populace.
ReplyDeleteOluFamous, pls lets us stop dis people from deceiving us. During fuel subsidy saga, did he do anything. The flood in the country now will flush alll of them away. Amen
ReplyDeleteI like the that charity begins at home, please David Mark let's start by knowing how much is your own monthly salary and the amount you get to take home annually. Stop. Patronizing us abeg.
ReplyDeleteMr Mark is paving way for himself if presidency is to be ceded to the North central
ReplyDeleteDavid Mark should start from himself by telling the country how much he has looted since he became senate president.He's talking trash because he want to be bribe b4 he and his men can proceed with passing of the budget.Shame on him.Its only a bloody revolution that will wipe these bastards away so that the country can start from fresh.
ReplyDeleteTrue talk.You are very correct Rev.
DeleteFor how long do Nigns expect dat national resources be explore base on genuine records but only the enligthened knows even can not do anything to check frauds.
ReplyDeleteSen. Mark, shame on you! Nigerians arent fools anymore. How comfortable you sit there and ask how much is generated from oil without thinking of the devastation in the oil producing areas. all you want is money to pronounce the "I" have it. Very soon, everybody will dance to the drum you guys are beating in this country.
ReplyDelete