Four months after the Presidency reluctantly assented to the 2017 budget based on what it called ‘significant distortions by the National Assembly’, another major conflict between the two arms of government is brewing.
Vanguard learned from authoritative sources, last night, that the source of the dispute is fueled by the prolonged delay by the National Assembly to approve virement of funds for key national projects, which the executive considers crucial in growing the economy and boosting infrastructure and development across the country.
A top official of the administration said the Executive was pained by the fact that the Senate did not approve the N135 billion virement request sent to it late July by then Acting President, Professor Yemi Osinbajo, before the senators proceeded on vacation, only for the lawmakers to resume last week and summon some ministers for questioning over what they called ‘poor implementation’ of the budget.
The official said the prolonged silence of the lawmakers on the virement request, which had been with them for over two months, was unhelpful for the execution of the Second Niger Bridge, Lagos-Ibadan Expressway, Mambilla Hydroelectric, Railways, and several other projects.
Vanguard, October 9, 2012
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