N87.4trn Debt Burden: Why Nigerian Senate Should Reject Wike’s N15bn Spending Plan On ‘Befitting Residence’ For Shettima – SERAP

Related stories

How Dangote Refinery Has Affected Petrol Production In the European Market

By Abiola Olawale The Organization of Petroleum Exporting Countries (OPEC)...

[VIDEO] Pomp and Pegeantry As Uzodinma Holds Stunning Wedding Anniversary Event

By Abiola Olawale The Governor of Imo State, Hope Uzodinma,...

First Bank Vs GHL: Legal Dispute Escalates As Crude Oil Cargo Owned By General Hydrocarbons Limited is Detained

By Abiola Olawale The legal disputes between Nigeria's oldest financial...

Economic Reforms: Your Statements Are Biased, Partisan – FG Replies Emir Sanusi

By Kolawole Ojebisi The Federal Government has described as "amusing"...

El-Rufai Vs Uba Sani: Tension As ICPC Drags El- Rufai’s Ally, Jimi Lawal To Court For Alleged Fraud

By Abiola Olawale The Independent Corrupt Practices and Other Related...

Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Mr. Godswill Akpabio, to use his leadership position “to promptly reject the plan by the Minister of the FCT, Nysom Wike, to spend N15 billion for the construction of ‘a befitting residence’ for the Vice President, Mr Kashim Shettima.”

SERAP urged him to “assert the Senate’s authority and constitutional oversight roles to reject the N2.8 billion on publicity for the FCTA and other proposed wasteful and unnecessary spending that may be contained in the 2023 supplementary budget and the 2024 budget proposed by President Bola Tinubu.”

In the letter dated 2 December 2023 and signed by SERAP’s deputy director Kolawole Oluwadare, the organisation said: “The plan to spend N15 billion on ‘a befitting residence’ for the vice president is a fundamental breach of the Nigerian Constitution and the country’s international anti corruption and human rights obligations.”

SERAP said: “The Senate has the constitutional duties to ensure that Mr. Wike’s proposed spending is entirely consistent and compatible with constitutional provisions including his oath of office. All public officials remain subject to the rule of law.”

SERAP also said, “The National Assembly including the Senate has a constitutional responsibility to address the country’s debt crisis, including by rejecting wasteful and unnecessary spending to satisfy the personal comfort and lifestyles of public officials.”

The letter read in part: “The National Assembly cannot continue to fail to fulfil its oversight function. The Senate must assert and demonstrate its independence by checking and rejecting all wasteful and unnecessary spending by the executive.

“It would be a grave violation of the public trust and constitutional oath of office for the Senate to approve the plan to spend N15 billion on ‘a befitting residence’ for the vice president at a time when the Federal Government is set to spend 30% (that is, N8.25 trillion) of the country’s 2024 budget of N27.5 trillion on debt service costs.”

“The federal government also plans to borrow N7.8 trillion to fund the 2024 budget. Nigeria’s public debt stood at 87.4 trillion naira as of June with 38% owed to external creditors including multilateral and commercial lenders.”

“Should the Senate and its leadership fail to stop wasteful and unnecessary spending and rein in government borrowing, SERAP would consider appropriate legal action to compel the National Assembly including the Senate to discharge its constitutional oversight roles in the public interest.”

“SERAP urges you to refer to the Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices and Other Related Offences Commission (ICPC) the allegations of corruption in the spending of the previously approved N7 billion for the construction of a new residence for the vice president.”

“The ‘construction’ was reportedly abandoned but the whereabouts of the N7 billion remain unknown.”

“The Senate has the constitutional competence and legitimacy to compel compliance with the Nigerian Constitution and the country’s international obligations.”

“The Senate ought to assert its authority and vigorously exercise its constitutional oversight roles to check the apparently wasteful and unnecessary spending by Mr Wike especially given the growing debt crisis and the indiscriminate borrowing by the government.”

“It is a travesty and a fundamental breach of the lawmakers’ fiduciary duties for the National Assembly to allow the executive to use national budget as a tool to satisfy the comfort and lifestyle of public officials.”

“Nigerians have a right to honest and faithful performance by their public officials including lawmakers, as public officials owe a fiduciary duty to the general citizenry.”

“Cutting the N15 billion on ‘a befitting residence’ from the FTCA budget would be entirely consistent with your constitutional oath of office, and the letter and spirit of the Nigerian Constitution, as it would promote efficient, honest, and legal spending of public money.”

“According to our information, the Minister of the FCT, Nysom Wike and the Federal Capital Territory Administration (FCTA) plan to spend N15 billion for the construction of ‘a befitting residence’ for the Vice-President, Mr Kashim Shettima.”

“The plan is contained in the N67 billion FCT supplementary budget which President Bola Tinubu had on Tuesday transmitted to the National Assembly for approval.”

“SERAP notes that Mr Wike proposed plan to spend N15 billion on a new residence for the vice president despite the recent allocation of N2.5 billion for the renovation of the current residence of the VP in the federal government’s supplementary budget already passed by the National Assembly and signed by President Tinubu.”

“The House of Representatives has reportedly approved the plan to spend N15 billion on ‘a befitting residence’ for the vice president.”

“The National Assembly has also approved another N3 billion for the renovation of the vice president’s residence in Lagos State. Mr Wike also plans to spend N2.8 billion on publicity for the FCTA.”

“The proposed plan to spend 15 billion on ‘a ‘a befitting residence for the vice president is different from the N100 billion for the FCT contained in the federal government supplementary budget.”

“SERAP notes that the federal government has also budgeted N8 billion on the two official residences of President Tinubu in Abuja and Lagos.”

“On top of the planned spending of N15 billion on ‘a befitting residence’ for the vice president, billions of naira have been allocated for the purchase of cars for the Villa and the Office of the First Lady.”

“Section 14(2)(b) of the Nigerian Constitution of 1999 [as amended] provides that, ‘the security and welfare of the people shall be the primary purpose of government.”

“Under Section 16(1)(a)(b), the National Assembly including the Senate has the obligations to ‘harness the resources of the nation and promote national prosperity and an efficient, a dynamic and self-reliant economy’, and to ‘secure the maximum welfare, freedom and happiness of every citizen.’”

“Under sections 59(2) and 299 of the Nigerian Constitution, the National Assembly including the Senate has legislative powers over money bills including the proposed N15 billion, and other wasteful and unnecessary spending by the Federal Government.”

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
How Dangote Refinery Has Affected Petrol Production In the European Market[VIDEO] Pomp and Pegeantry As Uzodinma Holds Stunning Wedding Anniversary EventFirst Bank Vs GHL: Legal Dispute Escalates As Crude Oil Cargo Owned By General Hydrocarbons Limited is DetainedEconomic Reforms: Your Statements Are Biased, Partisan - FG Replies Emir SanusiEl-Rufai Vs Uba Sani: Tension As ICPC Drags El- Rufai’s Ally, Jimi Lawal To Court For Alleged FraudCBN Raises Concern: How Nigerians Blew N3.7bn On Medical Tourism In 9MonthsMinister Makes Shocking Revelations, says FG, Telecos Working On 30% to 60% Tariff IncrementMoney Laundering: El-Rufai's Camp In Turmoil As ICPC Charges Jimi Lawal, Ex-Gov's Aide To Court[VIDEO] Drama As FG, Emir Sanusi Engage In War of Words Over Economic Reforms"You Are Global Stars," Tinubu Lauds Six Nigerian Scientists, Engineers Honoured by BidenTribunal Gunshots: We Won't Be Distracted From Reclaiming Our Mandate -- IghodaloTelecomms Tariff Hike: Anxieties Mount As Minister Assures Increase Won't Exceed 60%All Joy As Omo-Agege Meets Old Classmates In Delta StateHow BRICS Stacks Up Against the G7 EconomiesConcerns Mount As Report Ranks Nigeria Amongst Countries With Least Global Living Quality Index
X whatsapp