Senate President, Bukola Saraki has revealed that a breakdown of the National Assembly budget will be published in the coming week.
This was made known on Sunday, in a statement signed by Mohammed Isa, Special Assistant on Public Affairs to Saraki.
The Senate president disclosed plans to publish the budget while speaking with a team of editors of London based newspaper, ‘The Economist’.
Saraki, who is the Chairman of the National Assembly, said that publication of the details of the budget was in line with the anti-corruption stance of the 8th National Assembly.
He pledged that the legislature would not cover any form of corruption.
According to him, the budget of the Senate which had never been made public before would be published in line with the anti-corruption stance of the Senate.
“For the first time we promised Nigerians that the Senate will disclose its budget breakdown, the committee will make its report available by next week.
We are resolved to break the tradition of one line item,” he said.
The lawmaker said that the Senate would partner with President Muhammadu Buhari to ensure the success of the anti-corruption war.
He said that the red chamber had already demonstrated its commitment to anti-corruption through its unravelling of transaction fraud such as the management of the Treasury Single Account(TSA) where it saved the country over N7 billion.
On the economy, Mr. Saraki said the Senate was doing all within its power to create an enabling environment for the private sector to thrive.
He also allayed fears that the low prices of oil would have negative impact in the implementation of the 2016 budget, saying, “what we need to do is to block leakages and show more transparency.”
“Without blocking leakages even if oil was sold at more than 100 dollars per barrel, Nigeria will still continue to witness decline in revenue in-flow,” he said.
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