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Senate steps down presentation of 2022-2024 MTEF/FSP Report

by Business News Report

Senate has stepped down the presentation and consideration of the report on the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper.  The decision to defer its presentation and consideration was reached during plenary following a motion moved to that effect by the Senate Leader, Yahaya Abdullahi, and seconded by the Minority Leader, Senator  Enyinnaya Abaribe. Abdullahi explained that the report on the 2022-2024 MTEF/FSP needed further legislative work by the Joint Committees on Finance; National Planning; Foreign and Local Debts; Banking, Insurance and Other Financial Institutions; Petroleum Resources (Upstream); Downstream Petroleum Sector and Gas. 

According to the lawmaker, “the document needs further deliberation on, and, therefore, needs to be fine-tuned.” The presentation of the report was, thereafter, stepped down to allow the Joint Committee conclude further work on it. Meanwhile, the President of the Senate, Senator Ahmad Lawan yesterday referred President Muhammadu Buhari’s request to confirm the nomination of Hon. Abdulazeez Idris King as Commissioner representing Kogi State in the Revenue Mobilization Allocation and Fiscal Commission to the Committee on National Planning. 

The nomination of Hon. Amaechi Nwoha as Commissioner representing South-East in the National Assembly Service Commission was also referred to the Committee on Establishment and Public Service. Both nominees are expected to appear before the relevant Committees for screening. 

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