He said, “Distinguished Colleagues, Political activities leading to 2023 general elections have already started.“This Senate should continue to provide the support that Independent National Electoral Commission needs for successful elections across the country.”
“The Bill was signed into law on 31st of December, 2021 by Mr President, to give the desired effect of starting the implementation of the Budget from January 2022. “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,” Lawan said.
“Distinguished Colleagues, funding of the 2022 Budget is predicated on significant borrowing. Our country is caught between the devil and the deep blue sea. “It is imperative that we need to improve on the revenue to Gross Domestic Product ratio. At about 8% Revenue to GDP ratio, our country is basically at 50% of what is required of the revenue to GDP of 15% for it to support any significant economic development.
Lawan underscored the need for the upper chamber to seriously supervise the implementation of the PIA 2021, so as to enable the country benefit from its passage.
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