Politics

NASS to pass 2021 budget in December – Lawan

Published

on

The President of the Senate, Ahmad Lawan says the National Assembly will pass the 2021 budget of N13. 08 trillion by the second week of December.

Lawan made this known while declaring open a retreat for members of National Assembly Management and National Assembly Service Commission (NASC) in Abuja on Friday.

The News Agency of Nigeria reports that the Senate had in October, adjourned plenary for budget defence by Ministries, Departments and Agencies (MDAs).

“We are working to pass the 2021 budget by the second week of December and we are working very assiduously, we will ensure there is every possible scrutiny of the budget presented by the executive arm of government.

“So far, we achieved that in 2020 budget. We believe that we did the right thing, we promised Nigerians we will do that and it is going to be part of our legacy in the 9th National Assembly,” Lawan said.

The President of the Senate said that other critical areas that will be considered when the Upper Chamber resume on Nov. 24 ,was the Petroleum Industry Bill (PIB).

“The PIB which is one of the most essential legislations to have in this country, we intend to pass it before the end of the second quarter of 2021.

“And then again, we will take our time because this is a very delicate and sensitive piece of legislation.

“We will ensure what comes out of the National Assembly in the PIB is a product of legislation that will ensure that Nigeria earns its revenues from the oil and gas, as it should.

“And of course, also, we will support our business people, the oil companies that are investing, and in fact retain and encourage new ones to invest in Nigeria,” he said.

Lawan aded:”So it has to be a win situation, win for all of us. We will not be selfish as a country, trying to take everything; no, oil is like water now. Almost every country now has oil.

“So if you don’t provide a competitive environment, the oil companies will have no difficulty relocating to other countries.

“So we will ensure that we have a competitive environment for business and for investments.”

He said that the two committees on Constitution amendment at the Senate and House of Representatives were already working behind the scene to ensure that the amendment was done in 2021.

“As soon as we pass the budget, the Constitution amendment activities will start in earnest.

“We believe that we should pass our amendments within 2021,” he said.

Lawan added that the amendment of the Electoral Act will also be done within 2021 in good time to prevent unnecessary distractions.

Edited By: Chinyere Bassey/Ali Baba-Inuwa
(NAN)

Naomi Sharang

Naomi Sharang: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a media subscriber of the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.ng. Disclaimer.

Japanese PM Suga meets Chinese FM, agrees to enhance bilateral relations At least 7 dead as dinghy carrying migrants capsizes off Canary islands China Focus: BRICS ties spur business opportunities China refutes British moves to beef up ban on Huawei Malaysia reports 970 new COVID-19 cases, 4 more deaths Bangladesh reports 2,156 new COVID-19 cases, 39 more deaths Car hits gate of German Chancellery Iran condemns deadly explosions in Afghanistan’s Bamiyan COVID-19 cases rise to 1,060,152 in Mexico Syrian women receive income through food preparation under funding project UN office in Kuwait launches 16 days of activism against gender-based violence S. African president condemns violence in freight industry Georgia reports 3,071 more COVID-19 cases Los Angeles announces new measures to contain COVID-19 resurge Landslide kills 3, leaves 5 missing in western Uganda Kenya, European Council leaders resolve to pursue end to Ethiopian military offensive Ethiopian rights body says nearly 600 killed in Tigray massacre Kenya calls for revised commercial relations with EU United States food insecurity shadows a hungry Thanksgiving: analysts Ethiopia: UN ‘deeply worried’ over impending military offensive Brazil’s COVID-19 death toll tops 170,000 Colombia reports 7,515 more COVID-19 cases UN gets OK to inspect, repair derelict tanker with over 1 mln barrels of oil off Yemen coast Israel missile attack hits Syrian military targets COVID-19: FCT leads as NCDC reports 168 new infections We’ll correct errors despite victory at Flying Officers Cup — Coach British Govt. eases Coronavirus restriction for Christmas White House approves intelligence briefing for Biden NAFEST 2020: Participants hope it’ll help promote unity after #EndSARS Biden presents his national security team Nestlé begins Community Scholarship Scheme to promote youth education Buhari condoles with Minister of Communication over daughter’s death UNICEF congratulates Jaba for emerging as first ODF LGA in Kaduna Dow closes above 30,000 for first time amid strong market momentum LatAm business climate improves in Q4, says Brazilian think tank Gov. Tambuwal says Sokoto requires N1.9 bn for rural electrification Shippers Council mourns immediate past Executive Secretary, Biu Group lauds Makinde’s giant strides on LAUTECH, education development KEDCO: Bagudu flags-off National Mass Metering Programme in Kebbi State Take handcraft seriously, desist from crime, frivolous activities – NCAC advises youths Security: Stakeholders call for more attention to youths Grammy Awards: Burna becomes first Nigerian with consecutive nominations Kwara Assembly passes Residents Registration Agency Bill S/South leaders engage FG delegation, demand restructuring Electoral Act Amendment Bill passes 2nd reading in the House of Reps Sasa market inferno: Makinde pledges N10m to rebuild affected shops AID 2020: AU, UNIDO, others urge African governments to harness AfCFTA’s economic opportunities Minister orders overhaul of Super Eagles France unveils gradual easing of nationwide coronavirus lockdown Congolese govt., Chinese firm sign deal to build oil refinery in Pointe-Noire