The leadership of the
National Assembly on Tuesday, July 26, 2022 held a consultative meeting with
the Minister of Finance and National Planning, Mrs. Zainab Ahmed over the draft
2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP).
The President of the Senate,
Ahmad Lawan and the Deputy Speaker of the House of Representatives, Hon. Ahmed
Idris Wase led Principal Officers of the two Chambers to the meeting which held
behind closed doors at the Senate Wing of the National Assembly.
Also in attendance were the
Minister of State for Budget and National Planning, Clement Agba and Heads of
government revenue generating agencies such as NNPC Limited, Nigeria Upstream
Regulatory Commission, Federal Inland Revenue Service, Nigeria Customs Service
and also the Director General of the Debt Management Office.
In his opening remarks, the
Senate President said the meeting was at the instance of the Finance Minister.
Sen. Lawan said the discussion on the 2023-2025 MTEF/FSP, was to kick start the
2023 budget process.
The Senate President opined
that we will take this very seriously because we have established a trend and
we want to keep the trend of processing the budget and pass it before the end
of December. Then Mr President, on the side of the Executive, assents to it
before the end of December as well.
He added that this is of
course, very important to us because, it would be our last MTEF/FSP, since our
tenure will come to an end on 11th June, 2023.
"We will be as
committed as we have ever been and probably we will be more committed to ensure
that we work with you to process the MTEF/FSP and the budget as well, so that
we continue with the trend that we intend to leave as a legacy for the 10th
session of the National Assembly by the Grace of God”.
Sen..Lawan stressed that the
10th National Assembly will have something to build on and serve as the bridge
between the ninth and the tenth National Assembly. He noted that the
partnership between the two arms of government on the budget particularly, has
been very rewarding.
"This year, we expect
the budget estimates to be presented between the last week of September and the
first week of October," Lawan said.
Speaking in a similar vein,
Hon. Wase who stood in for the Speaker, Rt. Hon. Femi Gbajabiamila expressed
the readiness of the House to work together and synergise with relevant
stakeholders with a view to ensuring that "we give the best to our country
and we shall do that with the utmost sense of duty and with all patriotism”.
"And by the Grace of
God, I believe that the relationship that has been established in the past will
continue to wax stronger and stronger for the benefit of our nation".
The Finance minister said
the views of the lawmakers would be appreciated on the proposals which would
also be scrutinised by the Federal Executive Council (FEC) on Wednesday.