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Home Latest News

HURIWA to NASS: Ban Presidents, Allow only Finance Minister Present Nigeria’s Budget

Ogochukwu Isioma by Ogochukwu Isioma
October 8, 2022
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•President Muhammadu Buhari presenting the 2023 Appropriation Bill before the joint session of the National Assembly in Abuja on Friday.

•President Muhammadu Buhari presenting the 2023 Appropriation Bill before the joint session of the National Assembly in Abuja on Friday.

The Human Rights Writers Association of Nigeria (HURIWA) has called on the National Assembly to amend relevant laws so that only the Minister of Finance, Budget and National Planning should do the annual budget presentation, on behalf of the nation.

This was as the group described the yearly presentation of the nation’s budget to the joint session of the National Assembly by the President as “a hollow ritual and a dramatization of political comedy with zero utilitarian value.”

HURIWA in a statement on Friday also asked Nigeria to borrow a leaf from first world democracies such as Great Britain whereby the Chancellor of Exchequer is responsible for the preparation and presentation of the budget to the parliament.

“We call on the National Assembly to see how their legislative times can be maximized for carrying out effective oversight responsibilities in federal agencies of government and ministries to compel compliance to procurement and appropriation laws and cover all the loop holes that are in place due to bureaucratic corruption which give way for leakages and heists of public fund by ministries and agencies of government,” HURIWA said in the statement signed by the National Coordinator, Comrade Emmanuel Onwubiko.

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Referring to Britain, the rights group noted that the emphasis of the chancellor’s budget speech is on taxation and the state of the economy, rather than on the details of expenditures; public discussion is devoted mainly to the chancellor’s tax proposals.

“The estimates of expenditures are sent to Parliament with less fanfare and are reviewed by the departmental select committees on estimates of the House of Commons. The reviews hardly touch matters of policy. While the committees do not amend the budget, they are influential through their criticism and advice,” HURIWA observed.

It said that in Britain, in the preparation of the budget, the Treasury appears to have virtually complete authority over the government departments on matters of detail. Major issues are settled in Cabinet discussions, the records of which are not available. The British system thus vests extensive controls in the Treasury bureaucracy.

A major part of the budget speech by the Chancellor of the Exchequer, HURIWA noted, “is addressed to forecasts of employment, prices, and the balance of payments, together with a discussion of fiscal and monetary policies. Economic analysis is a continuing preoccupation of the Treasury. Forecasts are prepared three times a year, although only published once a year with little detail; a budget committee composed of important financial and economic officials meets continuously to discuss policy matters. Their attention, however, is focused on tax, borrowing, and monetary policies rather than on the details of government spending.”

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HURIWA has also asked the National Assembly to compel both the Independent Corrupt Practices and Related Offences Commission (ICPC) and the Public Procurement Authority (PPA) to be up and doing to get the respective line agencies and federal ministries to be prudent with public fund and comply with extant procurement laws and if they fail to do that then ICPC must act decisively.

“We in HURIWA see the presentation of the 2023 budget by President Muhammadu Buhari as political comedy with little or no positive impacts towards addressing the rising costs of living, high unemployment scarcity of petroleum and high inflationary trends because the Federal government officials are bereft of discipline, competency and are reckless with public finance,” the rights group said.

Tags: 2023 BudgetBuhariHURIWA
Ogochukwu Isioma

Ogochukwu Isioma

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