SERAP Threatens National Assembly Over Outrageous N228bn Budget

Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Ahmad Lawan, and Speaker of House of Representatives, Femi Gbajabiamila, to “promptly cut the outrageous National Assembly budget of N228.1bn, including the N30.17bn severance payments and inauguration costs for members” described as the highest ever.”

SERAP urged them to “propose a refresh budget for the National Assembly that would reflect the current economic realities in the country, address the debt crisis, and prevent retrogressive economic measures.”

The National Assembly had increased its 2023 budget from N169bn proposed by President Muhammadu Buhari to N228.1bn. The approved budget shows an increase of about N59.1bn. The country’s budget of N21.83tn is based on a N10.49tn revenue, and N11.34tn deficit.

In the letter dated 14 January, 2023 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “It is a grave violation of the public trust and constitutional oath of office for the members of the National Assembly to increase their own budget at a time when some 133 million Nigerians are living in poverty.”

SERAP said, “Cutting the National Assembly budget would reduce the growing budget deficit, address the unsustainable debt burden, and serve the public interest.”

According to SERAP, “By increasing its own budget, the National Assembly has unjustifiably and disproportionately reduced the budget for UBEC. This is a travesty, especially given that Nigeria currently has over 20 million out-of-school children, and half of all poor people in the country are children.”

The letter, read in part: “Rather than exercising its oversight functions to check the persistent borrowing by President Muhammadu Buhari, and scrutinising the apparently unlawful overdrafts and loans obtained by the Federal Government from the Central Bank of Nigeria, the National Assembly is increasing its own budget.”

“This outrageous waste of public money would substantially increase the cost of governance, and exacerbate the debt crisis. It is unlawful, and unfair to the Nigerian people.”

“We would be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel you and the National Assembly to comply with our request in the public interest.”

“The budget should reflect national development priorities, and not serve as a tool to satisfy the lifestyle of lawmakers or provide them with severance payments or parting gifts.”

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