News
Akpabio, Lawan, Ndume Throw Nigerian Senate Into Rowdy Session Over N23Trillion Ways & Means Funds Approved By 9th Assembly
- /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://naijablitznews.com/wp-content/uploads/2024/02/Senate.jpg&description=Akpabio, Lawan, Ndume Throw Nigerian Senate Into Rowdy Session Over N23Trillion Ways & Means Funds Approved By 9th Assembly', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2024/02/Senate.jpg&description=Akpabio, Lawan, Ndume Throw Nigerian Senate Into Rowdy Session Over N23Trillion Ways & Means Funds Approved By 9th Assembly', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
The Nigerian Senate was thrown into a rowdy session on Wednesday by the Senate President, Senator Godswill Akpabio, immediate past Senate President, Senator Ahmed Lawan and Senate Chief Whip, Senator Ali Ndume.
There was a mild drama in the Red Chamber as the Senate leaders disagreed over the N23 trillion Ways & Means funds approved by the 9th Assembly under the leadership of former Senate President, Lawan.
Addressing the Senate on the report of the Senate Committee set up to probe the Ways & Means funds approved by the 9th Assembly for former President Muhammadu Buhari’s administration, Akpabio said what the Senate did under the leadership of Lawan had thrown Nigeria into a more economic mess.
Directly asking Lawan to speak on the issue, Akpabio said, “We are saying what you did at that time has put the nation in more mess economically. Therefore, because of the current economic situation we have found ourselves, there is the need for us to look at the details to know whether they were rightly spent.”
Lawan said there is nothing that the National Assembly that makes laws cannot look into and review.
He said that if there were expenditures wrongly done in contradiction to the provision of the constitution, the National Assembly could look at the expenditures and if sanctions were needed for unlawful actions or unauthorised expenditures, the National Assembly would provide the sanctions.
The former Senate President argued: “What the 9th National Assembly approved or rectified in terms of Ways & Means was not N29 trillion or N30 trillion, it was N22 trillion. But there was N819 billion to attend to, deal with and address very serious infrastructure dilapidations that we had across the country.
“If we have a Ways & Means that is N30 trillion today, that means something happened between then and now, and it is for the National Assembly to find out what happened.”
Lawan insisted that nobody in the chamber should suggest that the Assembly should not look into what they feel is in the public interest, “but what Nigerians want today is food and security”.
“This (Ways & Means issue) belongs to the medium or long-term action that we need to take. How are we going to provide food for Nigerians and protect their lives?
“Let us not put the cart before the horse. Let’s consider it necessary to look at what happened in the past, but we in the present and the present is so unpleasant and we have to act very swiftly,” he said.
Responding to Lawan’s submission, Akpabio said, “Even though the Ways & Means were part of the things that put us where we are today, we are saying that expenses that were not explained, that we don’t have details about put us in the indebtedness that we are seeing today.”
Akpabio noted that it has affected the ability of the government to provide essential needs and services to Nigerians and that the National Assembly needs to look into it.
He however agreed that Nigerians are currently faced with a food crisis and they need to act immediately to put food on the table of Nigerians.
Akpabio said, “What we got to N30 trillion was because of the interest element. They brought that before this current Senate, that the interest has accrued to the N23 trillion that was passed by the 9th Senate and that they needed additional N7 trillion which was the interest. We passed the interest and that is what was added to make it N30 trillion.”
Speaking further, Akpabio confronted the Senate Chief Whip, Ndume, that he was part of the 9th Senate that approved the Ways & Means, but Ndume quickly denied being involved in its approval.
Ndume said, “I was not there; check the record. You cannot approve illegality. What they did was illegal. The Senate doesn’t have the right, let it be on record.”
Ndume’s denial of being part of lawmakers who approved the Ways & Means in the 9th Senate threw the session into rowdiness as some of the lawmakers insisted that Ndume was involved.
Ndume argued that the Senate only has the right of approval but doesn’t have the right to rectify when money has been spent.
“We don’t have the right to rectify, we only have the right to approve,” he said.
He further said that the 9th Senate only approved N819 billion and that the details of other funds that had been spent should be provided.
He said, “It has never been provided till date. This committee should find out what happened to the money. People must be held responsible and they should come and explain to this Senate what they did with the money. Now is the time that people are looking for their money everywhere, where is that money?”
Akpabio sarcastically said, “I want you to know that Senator Ndume cannot remember being there when the thing happened.”
The Senate President said that what the Senators from the 9th Senate were saying was that the total amount of N30 trillion was brought before them for approval, however, they left a caveat that they could approve the funds but they needed details and that till date, the details had not been provided.
On his part, Senator Mustapha Habib representing Jigawa South West Senatorial District said that in addition to the Ways & Means, there were loans given to state governments and the manufacturing sector, some of which had not been returned.
“We have a colossal amount of money given to the banks and this amount ran into trillions of Naira. We need to really interrogate this. DisCos (Electricity dictribution companies) were also given money by the CBN (Central Bank of Nigeria). This money needs to be returned to CBN,” he said.
News
Photo news: Gov Fubara performs groundbreaking/ foundation laying ceremony of Riven Medical Industries Project at Rumuosi, Port Harcourt
L-R: Managing Director, Enbay Pharmaceutical Industries Ltd, Mr Eniye Oweifie; Chairman, Obio-Akpor LGA, Dr Gift Worlu; Director Medical Services/Ag. Permanent Secretary, Rivers State Ministry of Health, Dr Vincent Wachukwu; Governor of Rivers State, His Excellency, Sir Siminalayi Fubara and Deputy Governor, Rivers State, Prof Ngozi Odu, during the groundbreaking/ foundation laying ceremony of the Riven Medical Industries Project at Rumuosi, Port Harcourt last Wednesday.


News
FG honours outgoing IMF Resident Rep, reaffirms strategic partnership with body
The Federal Government has reaffirmed its commitment to deepening its longstanding partnership with the International Monetary Fund (IMF), while paying tribute to the Fund’s outgoing Resident Representative in Nigeria, Dr. Christian Ebeke, for his significant contributions to the country’s economic reform efforts.
The commitment was reaffirmed at a farewell dinner held in Abuja in honour of Dr. Ebeke, where the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, described him as a trusted partner whose professionalism, technical depth and constructive engagement helped strengthen cooperation between Nigeria and the IMF during a critical period of economic transition.
The Minister noted that Dr. Ebeke’s tenure coincided with the implementation of far reaching reforms aimed at restoring macroeconomic stability, strengthening public finances, improving investor confidence and laying the foundation for sustainable economic growth. He said throughout that period, the outgoing IMF Resident Representative remained closely engaged with Nigerian authorities, providing valuable technical support while demonstrating a deep appreciation of the country’s unique economic realities.
According to the Minister, Dr. Ebeke made significant contributions to policy discussions on fiscal reforms, domestic revenue mobilisation, public debt management, foreign exchange reforms and other strategic priorities of government. He added that his commitment to dialogue, mutual respect and practical problem solving further strengthened the longstanding relationship between Nigeria and the IMF.
Mr. Oyedele observed that beyond his professional responsibilities, Dr. Ebeke distinguished himself through his humility, accessibility and ability to build confidence across institutions. Rather than prescribing solutions from a distance, he engaged stakeholders with openness, listened carefully to differing perspectives and worked collaboratively in support of Nigeria’s development aspirations.
The Minister thanked Dr. Ebeke for his friendship, dedication and invaluable service to Nigeria, noting that the relationships built during his assignment would continue to strengthen cooperation between the Federal Government and the International Monetary Fund. He wished him and his family continued success, good health and fulfilment as he proceeds to his next assignment.
The Director, Internationl EconomicsRelations Department (IER) Stanley George, said Dr. Ebeke’s tenure would be remembered for its professionalism, constructive engagement and steadfast support for Nigeria’s economic reform efforts. He noted that the partnership between Nigeria and the IMF had grown stronger through sustained dialogue, mutual respect and shared commitment to the country’s economic progress, adding that Dr. Ebeke’s contributions would leave a lasting impact on the relationship between both institutions.
In a goodwill message, the Governor of the Central Bank of Nigeria, Mr. Yemi Cardoso, said Dr. Ebeke’s tenure coincided with a defining period in Nigeria’s economic reform journey, during which the Federal Government and the Central Bank implemented bold policy measures to restore macroeconomic stability, strengthen policy credibility, improve market confidence and lay a firmer foundation for sustainable growth. He commended the outgoing IMF Resident Representative for promoting constructive dialogue, facilitating technical cooperation and bringing professionalism, objectivity and a practical understanding of Nigeria’s economic realities to every engagement. The Governor expressed confidence that the strong collaboration between Nigeria and the IMF would continue under Dr. Ebeke’s successor.
Responding to the tributes, Dr. Christian Ebeke described his three year assignment in Nigeria as both a privilege and a professionally enriching experience. He said serving as the IMF Resident Representative gave him the opportunity to engage with government officials, development partners, the private sector, academia and other stakeholders committed to Nigeria’s economic development, describing the experience as one he would always cherish.
Dr. Ebeke said he would leave Nigeria with profound admiration for the resilience, talent and entrepreneurial spirit of its people. He expressed confidence that, with sustained reforms, sound economic policies and continued collaboration among stakeholders, Nigeria is well positioned to achieve inclusive and durable economic growth.
He expressed appreciation to the Federal Government, the Honourable Minister of Finance and Coordinating Minister of the Economy, the Governor of the Central Bank of Nigeria, officials across government institutions, development partners, members of the media and his colleagues at the International Monetary Fund for their friendship, cooperation and support throughout his assignment. He added that the cordial relationship between the IMF and Nigerian authorities had further strengthened the longstanding partnership dedicated to advancing the country’s reform agenda and sustainable development.
Reflecting on his time in Nigeria, Dr. Ebeke said the relationships he built and the memories he created would remain with him long after his departure, adding that he looked forward to following Nigeria’s progress and remaining a friend of the country in the years ahead.
The farewell dinner was attended by top government officials, including the Director General of the Debt Management Office, Mrs. Patience Oniha; the Statistician General of the Federation, Prince Adeyemi Adeniran; chief executives of government agencies; representatives of development partners and the diplomatic community; senior officials of the Federal Ministry of Finance; and other distinguished guests, all of whom joined in celebrating Dr. Ebeke’s remarkable service and enduring contribution to Nigeria’s economic reform journey.
The evening concluded with renewed appreciation for the enduring partnership between Nigeria and the International Monetary Fund and a shared commitment to sustaining the collaboration that has supported the country’s ongoing fiscal and macroeconomic reforms. Guests also wished Dr. Ebeke and his family continued success and fulfilment as he embarks on his next assignment.
News
‘One of my outstanding ministers’ – Tinubu hails Umahi at 63
President Bola Tinubu has felicitated the Minister of Works, David Umahi, on the occasion of his 63rd birthday, praising his dedication to delivering lasting infrastructure projects across Nigeria.
Before joining Tinubu’s cabinet, Umahi, born on July 25, 1963, represented Ebonyi South in the Senate after completing two consecutive terms as governor of Ebonyi State between 2015 and 2023.
In a statement released on Saturday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu described the works minister as “one of my outstanding, hardworking ministers.”
The president applauded Umahi’s commitment to his responsibilities, noting that the minister is focused on constructing durable roads and bridges capable of serving Nigerians for generations.
According to the statement, Tinubu commended Umahi for his “passion, dedication to duty, and deep sense of patriotism.”
He also encouraged the minister to sustain the momentum in road construction, rehabilitation and project delivery in line with his administration’s vision of improving the quality of life for Nigerians while stimulating economic growth.
“As a minister, he does not just sit in his office or rely on reports from subordinates; he is constantly on the road, personally monitoring construction work nationwide to ensure compliance with specifications and approvals,” Tinubu said.
The president extended his best wishes to Umahi and his family, praying for continued good health and renewed strength as he remains in public service.
-
News22 hours agoWhy I will never leave PDP- Bode George
-
News22 hours agoNGF commends Tinubu for historic creation of four new army divisions
-
News22 hours agoIG orders police to shoot anyone carrying illegal firearms
-
News22 hours agoAbdulsalami urges INEC to remain neutral ahead of 2027 elections
-
News22 hours agoNBA postpones Rivers election indefinitely as crisis, protests mar process
-
News22 hours ago‘Late Na’Abba cannot defend himself’: Atiku slams Obasanjo over bribery allegation
-
News22 hours agoNCC, REA partner to boost rural connectivity through renewable energy
-
News22 hours agoNdume Denies Ransom Allegations, Says He Has Never Seen N1bn In Cash
