• Contact Us
  • About Us
Wednesday, October 7, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Senate seeks legal backing for Constituency projects in National budget

metro by metro
December 11, 2019
in Economy
0
0
SHARES
0
VIEWS

Ahmed LawanThe Senate on Wednesday sought to provide legal backing to the provision of Constituency Projects in Nigeria’s annual budget by a minimum of twenty percent.

The move to do so was initiated with the consideration of the Constituency Projects (Budgetary Provisions) Bill, 2019, sponsored by Senator Stella Adaeze Oduah (PDP, Anambra North).

Read Also

South Africa Raises Interest Rate, Citing Iran War Price Shocks

Corporate Finance Chiefs Lift Inflation Outlook, Cite Rates As Concern – Fed Survey

CBN In Rate Cut Bind As US Fed Official Signals More Hikes On Inflation Surge

Oduah, in her lead debate, said the intention of the bill is to ensure that good governance is delivered to the people, most of whom statistics show, are seventy percent rural dwellers.

According to her, Constituency Project is one of the ways of attracting federal presence to Nigerians from across the states.

“If not for these projects, majority of federal constituencies would not have a single federal project due to lopsided nature of project allocation in the budget,” the lawmaker said.

Noting that Constituency Project is not peculiar to Nigeria alone, Senator Oduah stated that in countries like Tanzania, Uganda, Kenya and India, mechanisms such as the Constituency Development Fund has been institutionalized.

“Instead of vilifying the National Assembly on constituency project, people should advocate for an institutional framework for the implementation of the constituency project as it is the case in Kenya.

“This bill, therefore, is an attempt at providing both institutional and legislative framework for the operation of constituency projects in Nigeria, thereby making it part of our national budget,” she said.

The lawmaker added that if passed, the Act shall be community based in order to ensure that the prospective benefits are available to all inhabitants of a particular area.

Oduah added that all projects under the Act when passed, shall be defined as “projects” and may include costs related to feasibility studies, planning and design or other technical input for the project, but shall not include recurrent costs of a facility.

Projects under this category, according to her, may include the acquisition of vehicles, machinery, land, buildings and other equipment for the constituency.

“It is instructive to note by way of educating the general public that members of the National Assembly merely identify the needs of the constituents and recommend same to the executive during budgeting.

“Ultimately, they have no direct control over their implementation; hence the award, financing and supervision of constituency projects are the preserves of appropriate agencies other than the National Assembly,” the lawmaker stressed.

The Senate President, Ahmad Lawan, after the bill scaled second reading, referred same to the Committee on Finance for further legislative work.

Tags: National budget
Previous Post

Senate raises concerns on mounting unemployment in the country

Next Post

Senate investigates alleged court invasion by DSS operatives

Related Posts

South Africa Raises Interest Rate, Citing Iran War Price Shocks
Economy

South Africa Raises Interest Rate, Citing Iran War Price Shocks

September 23, 2026
Corporate Finance Chiefs Lift Inflation Outlook, Cite Rates As Concern – Fed Survey
Economy

Corporate Finance Chiefs Lift Inflation Outlook, Cite Rates As Concern – Fed Survey

September 23, 2026
Whiplash: How Trump’s Threat To Strike Nigeria Further Reshuffles Pentagon Priorities 
Economy

CBN In Rate Cut Bind As US Fed Official Signals More Hikes On Inflation Surge

September 22, 2026
FG Moves To Correct Implementation Ambiguities, Consequences Of VAT, Others Ahead Of 2027 Finance Bill
Economy

FG Moves To Correct Implementation Ambiguities, Consequences Of VAT, Others Ahead Of 2027 Finance Bill

September 18, 2026
Next Post

Senate investigates alleged court invasion by DSS operatives

WFP strongly condemns attack on trucks in South Kordofan, killing one driver

October 6, 2026

Investing in Better Jobs, Faster Growth: New World Bank Group Report Helps Chart a Path to Poverty Reduction in Tanzania

October 5, 2026

Invest Qatar, Aurion Capital and LG NOVA engage to advance technology investments and venture building in Qatar

October 2, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version