CISLAC tasks Government on Judicious Utilisation of Public Fund

CISLAC tasks Government on Judicious Utilisation of Public Fund

Senate President- Sen. David Mark

Senate President- Sen. David Mark

The ongoing rising conscious on cost of governance in Nigeria has brought to the fore one day national dialogue session organized by Civil Society Legislative Advocacy Centre (CISLAC) to brainstorm among various stakeholders, Civil Society and the media on the possible opportunities for effective planning and judicious utilization of public fund.

A paper presented by the Executive Director, CISLAC, Mr. Auwal Ibrahim Musa (Rafsanjani) noted: “It is common sense that the no nation can develop without substantial and consistent investment in critical sectors that promotes increased opportunity for her citizens to collectively engage in productive, income generation and wealth creating activities. This is possible only if it makes adequate provision for constructive capital expenditure in her budget and implements same to the latter over a long term.

His words: “This must be complimented by effective planning and prudent and judicious management of public expenditure.”

“Indeed, there has been a general consensus that the cost of governance and running the administration of government business in Nigeria is one of the highest in the world and constitutes a major challenge to development by misdirecting resources into components of expenditure that do not stimulate the necessary economic and productive activity that can generate people-oriented development. This is made worse by varying level of wastage and leakages in the public expenditure”, he lamented.

The Executive Director recalled that efforts have been made by some citizens calling for the reduction of resources unnecessarily expanded on dispensable political appointees and extravagant perks of office of government officials, curbing of wastage through disciplined public expenditure management and a more emphatic fight against corruption to prevent leakages, others propose the rationalization and stream lining of government agencies to avoid duplications.

He said: “The recent reports by the media of our National Assembly members being the highest paid in the world, the size of the government cabinet at the executive level, including the retinue of superfluous aides and special assistants, the 10-planes size of the Presidential Fleet which allegedly gulps N9.08 billion annually for maintenance, the usually scandalous sizes of government contingents on foreign trips and many others seemingly curious provisions in the appropriation, continues to raise question as to whether the ongoing government approach is the most appropriate ones in reducing the cost governance and freeing valuable resources for developmental purposes.”

By: Kolawole Banwo

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