Articles

CPC Queries Budget Hike By National Assembly

23 Dec 2012

Views: 1,803

Font Size: a / A

Rotimi-Fashakin-1103.jpg - Rotimi-Fashakin-1103.jpg

Rotimi Fashakin


Onyebuchi Ezigbo in Abuja

The Congress for Progressive Change (CPC) has queried the alleged hike in the 2013 Appropriation Bill passed by the National Assembly.
The party , while applauding the early passage of the budget, however sought to know the real interest the inflation of the budget was meant to serve.

In a statement issued by its National Publicity Secretary, Mr. Rotimi Fashakin, CPC said it is fast becoming  a tradition for the National Assembly to always raise the budgetary estimates.

“It is a good one only that one needs to ask why the budget that enters the National Assembly  will always be higher when it comes out. Why is it so ? This calls for a lot of investigation.

“But why is it that every budget that enters the National Assembly usually ends up being higher than what was proposed by the Executive?  Are our elected representatives students of Keynesian economics,  Mthat is predicated on government being a big spender in a depressed economy?  Or are there inflated aspects that require the scrutiny of the people?  In the coming days, we shall get to know because the devil they say is in the details.

Fashakin said the party believed that the fact that  the budget is now being passed in record time is a good omen.
“It is quite commendable that for the first time in many years, the national budget is being passed into law before the end of the current fiscal year.  Kudos to the National Assembly for the feat, “ he said.

Tags: Politics, Nigeria, Featured, National Assembly

Comments: 0

Rating: 

 (0)
Add your comment

Please leave your comment below. Your name will appear next to your comment. We'll also keep you updated by email whenever someone else comments on this page. Your comment will appear on this page once it has been approved by a moderator.

comments powered by Disqus