Monday, 30 September 2024

National Assembly Has Spent N600billion in 4 Years -PREMIUM TIMES

Nigerian lawmakers managed to approve only 106 new laws out of 1,063 brought before them in the last four years, despite spending more than half a trillion naira within the period, earning the notorious title as the world’s highest paid legislators.    

The figures mean for the National Assembly, with a combined annual budget of N150 billion since 2011, returned 10 per cent in efficiency and averaged about two bills each month.

Each year, the Senate, House of Representatives and allied institutions, compete for government funding with projects designed to provide jobs, healthcare, education and roads to the citizens.

While the Goodluck Jonathan administration has shown its preparedness to cut financing to those vital services to Nigerians in the face of dwindling revenues, the government has helped the lawmakers retain their super N150 billion budget per year in the last four years. Not even the present oil crisis has been enough to force the government to minimize the lawmakers’ comfort, by redirecting funds to critical areas badly starved of resources.

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SOURCE: #PemiumTimes

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