Senate President Godswill Akpabio has urged President Bola
Ahmed Tinubu to fire any head of government agency who fails to honour the
invitations of the National Assembly committees.
Akpabio stated this at the opening of a public hearing on
the 2024–2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy
Paper (FSP) at the Senate on Thursday.
The public hearing was organised by the Senate Joint
Committees on Finance; Appropriations; National Planning and Economic Affairs;
and Local and Foreign Debt to dissect the fiscal document with the chief
executives of government-owned agencies with a view to increase the national
revenue base.
He said any invited head of agency that failed to appear to
discuss the economic blueprint of the federal government was not fit to run
such an agency and should be sacked.
The Senate President said, “Any serious appointee or any
head of any agency that is interested in the success of President Bola Tinubu’s
administration ought to be here.
“Chairman should give me the list of all the heads of
agencies that you invited who have failed to show up in this session.
“This is the beginning of their failure in their various
offices. Therefore, I am happy to see the chairman of FIRS, he is here. I have
also seen the DG NIMASA and others.
“Any head of agency that sends representation here is not a
serious person, and therefore the President must take a second look at such a
person’s appointment; it is not a threat but the truth.
“I shelved even my appointment to appear in Owerri today for
our final rally of my party and all other schedules that I have, to make sure
that I appear so that we can strategise on how we can succeed.”
The approved MTEF/FSP will set out the parameters upon which
the next year’s budget will be prepared.
In the MTEF/FSP, the federal government pegged the price of
crude oil at $73.96, the exchange rate at N700/$, oil production at 1.78
million barrels per day, debt service of N8.25 trillion, inflation at 21
percent, and GDP growth at 3.76 percent.
The aggregate expenditure is estimated at N26.01 trillion
for the 2024 budget, which includes statutory transfers of N1.3 trillion,
non-debt recurrent expenditure of N10.26 trillion, debt service estimated at
N8.25 trillion, as well as N7.78 trillion being provided for personnel and
pension costs.
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