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Economic Recovery Plan: Senate To Investigate Buhari Govt

by AnaedoOnline
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The Ahmed Lawan-led Senate has directed its committees to probe the Muhammadu Buhari-led Federal Government’s Economic Recovery and Growth Plan (2017-2020).

Anaedoonline.ng reports that the committees given this mandate include committees on National Planning; Banking, Insurance and other Financial Institutions; Marine Transport; Land Transport and Works and Power.

They were asked to interface with the Minister of Finance, Budget, and National Planning, Zainab Ahmed.

The Senate directive to probe followed a motion “on the need to critically assess the performance of the Economic Recovery and Growth Plan (ERGP) 2017-2020” sponsored by Senator Abdu Suleiman Kwari.

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Kwari said the ERGP, which has now elapsed, could not be said to have met desired socio-economic aspiration.

He there was the need to critically assess the performance of the Plan to ascertain whether it had met the desired goals.

Meanwhile, Buhari on Tuesday asked the Senate to consider and approve N895billion as a Supplementary Budget.

Senate President Ahmad Lawan read Buhari’s letter of request on the floor at plenary.

This online newspaper reports that the Federal Executive Council (FEC) had earlier approved the amount.

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A substantial part of the fund has been earmarked for the procurement of military hardware to prosecute the war against insurgency and banditry.

The Federal Government is also expected to use part of the fund for the purchase of COVID-19 vaccines and other health-related needs.

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