October 12, 2022The Nigerian Senate on Wednesday passed the 2023 Appropriation Bill for a second reading.The bill seeks to authorise the consolidated revenue fund of the federation which amounts to N20,507,942,180,704 for the year ending on December 31, 2023.
According to Gobir, the current expenditure contained personnel costs, pensions, benefits and overheads described as expenses necessary for stabilising the government and the polity. "There is a need to exceed the threshold considering the administration collective desire to continue tackling the existential security challenges facing the country.
"The second option which is more dangerous is to shrink the economy and risk political suicide and economic turbulence by sacking workers, obliterating opportunities, cutting social service and starving our communities to death and oblivion. "Very importantly, these loans are used to finance critical development projects and programmes aimed at improving our economic environment and ensuring effective delivery of public services to our people.
In his remarks, the Senate President Ahmad Lawan bemoaned the huge loss of revenue due to high scale oil theft and called for appropriate sanctions against the perpetrators.
That's his only function as the PON
Wow. Rubber Stamped Assembly. Foolish Good for nothing amen
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