• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, September 12, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Finance Minister Clashes With Reps Panel Over Budget Implementation

by James Kwen
21 hours ago
in News
Reading Time: 3 mins read
Share on WhatsAppShare on FacebookShare on XTelegram

It was a rowdy session at the meeting of the House of Representatives Committee on Appropriations with Minister of Finance, Wale Edun, and Minister of Budget and National Planning, Senator Atiku Bagudu, over the slow pace of implementation of the 2024–2025 Appropriations Act (budget) on Wednesday.

Advertisement

This followed the Finance Minister’s disclosure that only 80% of the 2024 budget had been implemented for nearly two years after that particular Appropriation Act was enacted.

Though the meeting was held behind closed doors, sources there confided in LEADERSHIP that lawmakers were angry that the poor implementation of the budget affected their constituency projects.

According to the sources who pleaded anonymity, revelations at the meeting turned the interface into a shouting match as lawmakers kept the finance minister standing for about five minutes.

They said the angry members who said this ugly development threatened their re-election ,vowed to raise a motion to quash the policy propounded by the finance ministry, which they believed was unfair to them.

“The closed-door meeting was rowdy because lawmakers were angry that the 80% implementation of the 2024 budget affected their constituency projects, which they could use during campaigns for re-election in 2027.

“Some members even vowed to move a motion to summon the minister of finance upon resumption, to table before the House the budget performance, revenue, and expenditure so far, as well as the distribution of expended funds from the budget, ” said. sources.

 

“Members are hit by this infraction perpetuated by the finance minister, which even the budget and planning minister seems uncomfortable with, because he was unaware of the decision to stop lawmakers’ projects nominated into the budget,” the sources echoed.

 

 

 

Briefing journalists after the meeting, which was held behind closed doors, the chairman of the House Committee on Appropriations, Hon. Abubakar Bichi (APC, Kano), said lawmakers, like many Nigerians, were increasingly worried about the level of budget execution.

 

 

 

“We have engaged with the Ministers of Finance and Budget; both acknowledged the concerns and assured us of their commitment to work harder so that Nigerians can see visible results from the budget.

 

 

RELATED

Kwara Hosts 2024 Best Nollywood Awards In November

Security: Emir Of Ilorin, Others Hail AbdulRazaq’s Strides

34 seconds ago
NICO Boss Congratulates New Oloro Of Oro Kingdom

Institute Urges Nigerians To Harness Cultural Diversity For Development

1 minute ago

“Our members are seriously concerned, and the ministers have promised that Nigerians will witness significant changes and developments before the end of this year. They have given us their word, and we will be monitoring closely,” he said.

 

 

Also speaking, the Minister of Finance, Edun, said as of September 2025, about 80 per cent of the 2024 budget had been implemented.

 

 

“Overall, implementation is at about 80 per cent. As you know, the National Assembly extended the 2024 budget till December, so it is still running.

 

 

“We also reviewed the 2025 budget, focusing on grassroots projects and critical infrastructure such as roads, irrigation, and other facilities that directly impact Nigerians,” Edun said.

 

The minister added that, “As is customary, we reviewed the budget performance. We looked at 2024. Basically, overall, it’s around 80 per cent. And as you know, the budget for 2024 was extended by the National Assembly until December, so it is still running. It is still a work in progress.

 

 

“And likewise, we looked at what is happening in 2025, and we put our heads together to ensure that, particularly, the projects that touch the grassroots, that provide support, resources, and facilities, like irrigation and other infrastructure projects at the grassroots level, are focused on and are given adequate attention and priority. So, the discussion is ongoing, and the budget implementation is faithfully followed.”

 

 

Also speaking, the Minister of Budget and National Planning, Senator Bagudu, said the committee recognised and commended the achievements recorded under President Bola Tinubu’s administration.

 

 

He noted that lawmakers particularly appreciated the Executive branch’s respect for the National Assembly and the cordial working relationship between both branches of government.

 

 

“The National Assembly has supported all major reform initiatives of this administration, including the recent tax reforms already yielding results. Our engagement today helped to identify areas where improvements are still required,” he noted.

 

 

 

Join Our WhatsApp Channel

SendShare10169Tweet6356Share
ADVERTISEMENT
Previous Post

New Act: National, Tax Identification Numbers Now Mandatory For Crypto, Bank Transactions

Next Post

Ogun Is Top Investment Destination, Gov Abiodun Tells AfCFTA Panel

James Kwen

James Kwen

You May Like

Kwara Hosts 2024 Best Nollywood Awards In November
News

Security: Emir Of Ilorin, Others Hail AbdulRazaq’s Strides

2025/09/12
NICO Boss Congratulates New Oloro Of Oro Kingdom
News

Institute Urges Nigerians To Harness Cultural Diversity For Development

2025/09/12
LEADERSHIP Quinquennial Award For Governance and Infrastructure 2024: Barr. Nyesom Ezenwo Wike, FCT Minister
News

Wike To Assist Pediatric Surgeons Deepen Services

2025/09/12
Lawmakers Flee As Suspected Thugs Invade Benue Assembly, Smash Cars
News

Benue Assembly Dissolves Leadership, Appoints New Officers

2025/09/12
IHS Nigeria, NCMM Drive Cultural Innovation With First Virtual Museum
News

Nigeria Firm, UNICEF Drive Digital Literacy, School Connectivity In Nasarawa

2025/09/12
Bauchi Sacks Education Officer Over Sexual Harassment, Misconduct
News

Bauchi Sacks Education Officer Over Sexual Harassment, Misconduct

2025/09/12
Leadership Conference advertisement

LATEST

Security: Emir Of Ilorin, Others Hail AbdulRazaq’s Strides

Institute Urges Nigerians To Harness Cultural Diversity For Development

Wike To Assist Pediatric Surgeons Deepen Services

Benue Assembly Dissolves Leadership, Appoints New Officers

Nigeria Firm, UNICEF Drive Digital Literacy, School Connectivity In Nasarawa

Bauchi Sacks Education Officer Over Sexual Harassment, Misconduct

Mutfwang Signs N109.7bn Supplementary Budget

Nigeria, ILO, ECOWAS Launch Regional Social Protection Framework

Don’t Politicise National Security, Arewa Youths Warn

Pay Contractors Now

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.