Home Featured Reps Grill Finance Chiefs Over Poor Execution of 2025 Budget
Featured

Reps Grill Finance Chiefs Over Poor Execution of 2025 Budget

Share
Share

Members of the House of Representatives have demanded explanations from top government officials over what they described as the disappointing performance of the 2025 budget.

During a tense engagement, lawmakers questioned the Minister of Finance, Wale Edun, the Minister of Budget and Economic Planning, Atiku Bagudu, and the head of the Federal Inland Revenue Service, Zacch Adedeji, over delays and shortfalls in budget implementation.

The legislators expressed concern that many capital projects captured in the budget have either stalled or suffered due to inadequate funding releases. They noted that contractors who had completed projects were still awaiting payment, raising fears about the credibility of government commitments.

The session also highlighted frustration within the Assembly over recurring gaps between approved budgets and actual execution, with some lawmakers warning that continued lapses could undermine economic growth and public confidence.

In response, the officials acknowledged the challenges but pointed to revenue constraints and ongoing efforts to improve funding flows. However, the explanations failed to fully satisfy the lawmakers, who insisted on stronger accountability and timely disbursement of funds for critical projects.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Featured

Legal Graduates Demand Swift Entry Into Law School for NOUN and ABSU Alumni

A national body representing law graduates has called on authorities to immediately...

Featured

Amadeus University Expands Academic Portfolio with Medicine, Law, and Pharmacy Programs

Amadeus University in Amizi, Ikwuano LGA, Abia State, has received official approval...

Featured

North‑East Governors Urge Stronger Safety Measures as Child Recruitment by Armed Groups Rises

Governors from several North‑East states have emphasised the importance of protecting children...

Featured

Efik Professionals Back Scientific Review to Fix Uneven Oil‑Well Allotment

A group of Efik professionals has thrown its support behind the ongoing...