The House of Representatives has asked the Federal Government to urgently transmit the Medium Term Expenditure Framework (MTEF).
The resolution followed the adoption of a motion of urgent public importance titled: “Ensures long term macro-economic stability of the national economy” by Reps member Clement Jimbo.
Leading the debate on the motion, Jimbo said that the MTEF if quickly submitted to the National Assembly will give members enough time to work on the 2025 Appropriation Bill.
Jimbo stated that Section 11(1)(b) stipulates that the Federal Government must submit MTEF not later than four months before the commencement of the next financial year, and lay it before the National Assembly.
He further hinted that section 88 and 89 of the 1999 Constitution as well as section 30(1) of FRA 2007, specifically, section 88(1) give both Chambers of the National Assembly the power to investigate any arm or agency of Government that fails to comply with the law enacted by the National Assembly in disbursing and administering monies appropriated or to be appropriated by the National Assembly.
