News
Audit: Senate Threatens to Withhold MDAs’ Budget
The Senate has threatened to withhold budget approval for any government parastatal which fails to submit its audited report to the Auditor General of the Federation by May 2018.
The Senate revealed that only 10% of the parastatals have submitted their report.
The Senate had in February given Ministries Departments and Agencies (MDA) one-week ultimatum to submit details of their 2018 budget proposals or risk sanctions.
The Upper Chamber gave the ultimatum after Senate Leader, Ahmed Lawan, raised a point of order informing the Senate that out of 64 government agencies, only one has submitted details of its 2018 budget proposal.
Responding to the point of order, the Senate President, Dr Bukola Saraki, says he is disappointed that despite efforts by the President’s aide on National Assembly matters, agencies are yet to submit their 2018 budget details to Parliament. (Channels TV)
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