The House of Representatives has frowned at the Executive, led by President Bola Tinubu, over delays in submitting the 2025 budget proposal to the National Assembly.
The lower chamber added that the time the National Assembly required to exercise its functions as enshrined in Section 88(2)(b) was technically being taken away by the non-compliance with Section 11(1)(b) of the Fiscal Responsibility Act 2007 by the Executive.
The lawmakers called on the Executive to comply with Section 11(1)(b) of Fiscal Responsibility Act 2007.
They also mandated the committees on National Planning and Economic Development, Appropriation and Finance to ensure compliance within 2 weeks.
The decision of the House followed the adoption of a motion of urgent public importance moved at plenary on Wednesday by Clement Jimbo.
Moving the motion, Jimbo said the Fiscal Responsibility Act 2007 provides for the prudent management of the nation’s resources and ensures long-term macroeconomic stability of the…