N’Assembly resumes, asks Tinubu to submit 2025 budget

As the National Assembly resumes today (Tuesday) from its annual recess, the Senate Leader, Opeyemi Bamidele, said on Monday that both chambers of the National Assembly are expecting President Bola Tinubu to present the 2025 budget as well as the new Medium Term Expenditure Framework and Fiscal Strategy Paper.

In a personally signed statement, Bamidele said, “The consideration of MTEF occupies a prime place on the rung of our legislative agenda.

“This is simply because MTEF must be ready before the 2025 Appropriation Bill can be laid before the National Assembly.”

The PUNCH reports that the MTEF is the legal framework that provides the template for the budget and is usually submitted to the parliament ahead of the President’s presentation of his yearly budget to lawmakers.

Both the Red and Green Chambers had embarked on their annual recess on July 17 and are due to resume plenary activities today.

The Senate Leader also revealed that the Constitution review, which had been ongoing since the inauguration of the committee, will take its full course in the coming months

He added, “We are equally preoccupied with the review of the 1999 Constitution. In the Senate, the Constitution Review Committee is chaired by the Deputy President of the Senate, Senator Jibrin Barau.

“In the coming weeks, the committee will hold retreats and strategy sessions; call for memoranda and organise zonal meetings on some sections of our constitution that should be amended.

“Given the pedigrees of all its members, this exercise no doubt promises a truly federative approach that will redefine and reinvent public governance in this country,” Bamidele noted.

He also explained that the joint committee will be inaugurated to probe the alleged oil theft.

Before now, the Senate ad hoc committee had been saddled with the responsibility and operated separately from the House of Representatives.

Bamidele said, “As we return fully to the parliamentary sessions on Tuesday this week, the National Assembly will, without ambiguity, revisit its decision to decisively address challenges in the petroleum industry.

“The industry is not optimal in its performance. This may not be unconnected to crude oil theft, endless turnaround maintenance of public refineries, importation of substandard petroleum products, and fuel supply disruption, among others.

“Contrary to some media reports, the Senate never suspended its Ad Hoc Committee to Investigate Alleged Economic Sabotage in the Nigerian Petroleum Industry, but postponed its public hearing due to the need to address issues that border on the Rules of the National Assembly.”

He said both chambers of the National Assembly would resolve the issues and possibly constitute a joint committee that would continue with the investigation from where the ad hoc committee stopped.

“We are committed to unearthing the roots of economic sabotage in the petroleum industry in the national interest and developing institutional mechanisms to make the industry more efficient and functional.”

Bamidele’s explanation was reinforced by the spokesman for the House, Akin Rotimi, in a separate statement on Monday.

Rotimi listed the key issues for consideration as the Reps resume as the 2025 appropriation bill, the constitution review exercise, and electoral reforms.

He said, “With the 2024 fiscal year coming to a close, the House eagerly anticipates receiving the 2025 Appropriation bill soon. Timely submission from the executive is crucial, as it facilitates thorough scrutiny and public input through town hall meetings, a practice pioneered by the House during the 2024 budget review.

“The House is firmly committed to maintaining the January-December budget cycle and anticipates cooperation from t

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