By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Lawmakers reject continuous increase in recurrent expenditure despite ban on recruitments

Last updated: October 12, 2022 6:32 pm
4 years ago
Share
2 Min Read
aitlive 7
Senate

The senate has rejected the proposed N8.27 trillion estimates for recurrent expenditure in the 2023 budget, presented by President Muhammadu Buhari.

The lawmakers during consideration of the 2023 appropriation bill for second reading, say despite ban on recruitment since 2018 when recurrent expenditure was pegged at N 3.5 Trillion, recurrent spending has continuously been on increase

Senator Ali Ndume (APC Borno South ) in his contribution during the debate lamented that the federal government placed ban on employment, when recurrent expenditure was 3.5 trillion 2018, In 2019 the recurrent moved to 4.7 trillion and further increased in 2020 to 4.8 trillion.

Ndume stated that despite several workers retiring from service and continuous ban on federal employment, recurrent expenditure further rose from 4.8 trillion in 2020 to 5.9 trillion in 2021, 6.9 trillion in 2022 and 8.27 trillion in 2023.

Also read: Lawmakers fume over late submission of 2022 budget by FCT

He says this astronomical rise is still being witnessed despite the covid -19 pandemic disruptions that led to several workers from grade level 12 -1, working from home.

He says its unacceptable for recurrent to consume about 43 percent of the total budget and higher than capital expenditure of N5 trillion.

Also, in his contribution, senator Tolulope Odebiyi(APC Ogun west) lamented that there is a 300 percent increase in the budget size since 2015, adding that despite the increase, there are lots of challenges and little or no impact of the huge funds since 2015.

Editor: Ena Agbanoma

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS feed: Unknown Feed Unknown Feed

Trending

1 19
Stakeholders Solicit More Government Investment In Classic Music
Entertainment
AIT IMAGES 31
Niger Mining Deaths: Group demands independent probe, accountability
Local
AIT IMAGES 1 4
AAC Writes EFCC, Seeks Scrutiny Of Oyo State Funds Ahead 2027 Polls
Politics
ait images 3 1
FG Ready To Negotiate New Minimum Wage In 2027
Local
OSUN
“Emir Ajagungbade” Shot Dead In Protracted Motor Park Crisis In Osun State
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?