PRESIDING officers of the National Assembly met with President
Goodluck Jonathan and the Coordinating Minister in charge of the
economy, Dr (Mrs) Ngozi Okonjo-Iweala, in Abuja on Monday,
where they deliberated on the modalities and framework for the 2012 budget.
Sources at the meeting disclosed that the chairmen of standing
committees in the Senate and House of Representatives alongside the
Senate President and the Speaker of the House, raised questions
regarding the decision of the government to implement the removal of oil
subsidy starting from 2012.
Two separate letters from the Chief of Staff to President Jonathan,
Chief Mike Oghiadomhe and the Presidential Adviser on National Assembly
Matters, Senator Joy Emodi, had invited the lawmakers to the meeting,
which was principally to be addressed by Okonjo-Iweala.
President Jonathan was present at the meeting as the moderator.
It was confirmed that a number of committee chairmen sought
explanations on the planned removal of fuel subsidy and also queried
whether the administration had analysed the implications of the fuel
subsidy removal on the common man.
Senate spokesman, Senator Enyinnaya Abaribe, who confirmed the
meeting at a media briefing in the Senate on Tuesday, said that the
meeting was more of an interaction.
He said that the meeting was not a decision-making one, but an avenue
to take the senators and members of the House through the parameters
used in computing the budget.
It was, however, gathered that the minister of finance came under
serious questioning from the senators and Reps committee chairmen, who
asked her to expedite action on the over 6,000 abandoned capital
projects.
It was gathered that the senators and the Rep members refused to
commit themselves to a decision on the fuel subsidy removal, opting to
leave the decision to the floor of the two chambers.
President Jonathan, who was said to have insisted on his plan to
present the budget to a joint sitting of the National Assembly in
November, said he preferred a strict adherence to a budget circle of
January to December so as to monitor and curtail waste.
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