Senate President Ahmad Ibrahim Lawan on Tuesday described the 2022 budget as “too critical for its implementation to be left in the hands of the executive without proper oversight by the senators.”
He said there is no time to allow wastage as the budget is largely funded through borrowing, a development that hangs the country between the ‘devil and the deep blue sea.’ “We must therefore strategize on effective oversight of the implementation of the 2022 Budget. This is going to be the last budget that would be fully implemented for 12 months in the life of the Ninth Senate. We therefore need to supervise very closely.
“However, we do not generate enough revenues to fund the provision of such infrastructure. Until more revenues are generated, the country has to borrow and also resort to other sources of funding for our infrastructural development.
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