The Minister of Finance, Kemi Adeosun and her Budget and Planning partner, Senator Udoma Udo Udoma, yesterday have been summoned by the Senate and House of Representatives to appear before it to explain the controversies and discrepancies of figures in the 2016 budget proposal.
The House of Representatives also rejected the budget document from the Ministry of Education on grounds that it was completely different from what President Muhammadu Buhari presented to the National Assembly.
Tajudeen Yusuf, Chairman of House Committee on Capital Markets and other institutions, said the 2016 budget proposal for Investments and Security Tribunal, IST, was a duplicate of the 2015 budget proposal.
Yusuf who stated this after an interactive session with the IST threatened that the Budget Office of the Federation would also be held responsible for various errors and padding observed in the 2016 budget proposal.
He said; “We took the budget of the IST, which is the investment court, unfortunately we realised what was contained in the 2016 budget proposal was just the exact copy of the 2015 budget appropriation; word for word and figure for figure.”
Also, the House Committee on Basic Education, chaired by Zakari Mohammed (APC, Kwara) has yesterday discontinued the consideration of the 2016 budget defence for Federal Ministry of Education and its agencies, including Universal Basic Education, over 30 federal universities, Colleges of Education, among others, saying the presented budget was totally different compare to the budget proposal presented to the National Assembly.
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