P
ProfRem
Guest
The Senate on Thursday overwhelmingly voted against the report of its committee on Finance, on the budget of the Federal Inland Revenue Service (FIRS) for the 2016 fiscal year.
The Senate had at its sitting of Thursday, 21st July 2016 considered the request of President Muhammadu Buhari on the 2016 Budget of the FIRS and referred same to the committee on Finance for further legislative action.
However, when the committee’s report was read on the floor by the Chairman, Senator John Enoh, the Senate President and other Senators discovered loopholes in the said report.
The committee through its report, had recommended that a total expenditure of N143, 722, 430, 526 (One Hundred and Forty-Three Billion, Seven Hundred and Twenty-Two Million, Four Hundred and Thirty Thousand, Five Hundred and Twenty-Six naira) be approved for FIRS in 2016.
While reacting, the Senate President, Bukola Saraki queried the report.
According to him, “the committee met in July, how comes it is recommending exactly what the agency projected at the beginning of the year 2016”.
Saraki was also baffled that the committee could recommend all the figures the FIRS proposed, without making any adjustment.
The Senate had at its sitting of Thursday, 21st July 2016 considered the request of President Muhammadu Buhari on the 2016 Budget of the FIRS and referred same to the committee on Finance for further legislative action.
However, when the committee’s report was read on the floor by the Chairman, Senator John Enoh, the Senate President and other Senators discovered loopholes in the said report.
The committee through its report, had recommended that a total expenditure of N143, 722, 430, 526 (One Hundred and Forty-Three Billion, Seven Hundred and Twenty-Two Million, Four Hundred and Thirty Thousand, Five Hundred and Twenty-Six naira) be approved for FIRS in 2016.
While reacting, the Senate President, Bukola Saraki queried the report.
According to him, “the committee met in July, how comes it is recommending exactly what the agency projected at the beginning of the year 2016”.
Saraki was also baffled that the committee could recommend all the figures the FIRS proposed, without making any adjustment.