Buhari Submits MTEF/FSP To Senate For Approval
…SENATE APPOINTS IBRAHIM EL-LADAN AS ACTING CLERK
President Muhammadu Buhari has submitted the 2021 – 2023 Medium Term Expenditure Framework and Fiscal Strategy Paper to the Senate for approval.
President of the Senate, Ahman Lawan, confirmed the receipt of the MTEF/FSP from President Buhari during the plenary of the upper house on Tuesday in Abuja.
The MTEF is an annual, rolling three year-expenditure planning which sets out the medium-term expenditure priorities and budget constraints against which sector plans can be developed and refined.
It aims to ensure that budgets reflect the Government’s social and economic priorities and give substance to the Government’s reconstruction and development commitments.
Lawan read the President’s letter which accompanied the MTEF/FSP document on the plenary floor on Tuesday.
The letter reads: “It is with pleasure that I forward the 2021 – 2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) for the kind consideration and approval of the Distinguished Senate.
“Let me seize this opportunity to express my deep gratitude for the cooperation, support and commitment of the leadership and distinguished members of the Senate in our collective efforts to sustain the restoration of the January – December financial year.
“In line with our commitment, we have worked very hard to achieve and earlier submission of the MTEF/FSP. This is to allow the National Assembly enough time to perform its important constitutional duty of reviewing the framework.
“I herewith forward the 2021 – 2023 MTEF/FSP as the 2021 budget of the Federal Government will be prepared based on the parameters and fiscal assumptions of the approved 2021 – 2023 MTEF/FSP. I seek the cooperation of the National Assembly for expeditious legislative action on the submission.”
The Senate also on Tuesday received another request from President Buhari for the confirmation of Dr. Chukwuemeka Chukwu as Resident Electoral Commissioner representing Abia State.
“Pursuant to paragraph 14 (3) of Part one of the third schedule to the Constitution of the Federal Republic of Nigeria as amended, I am pleased to forward for confirmation by the Senate, the appointment of Dr. Chukwuemeka Chukwu as Resident Electoral Commissioner representing Abia State in the Independent National Electoral Commission (INEC),” President Buhari’s letter reads.
Meanwhile, President of the Senate, Ahmad Lawan, announced the appointment of Ibrahim El-Ladan as Acting Clerk of the Senate during plenary.
According to him, Ladan was appointed Acting Clerk of the Senate on Friday, 17th day of July, 2020.
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