2025 Budget: Senate Threatens Non-Performing Agencies

The Nigerian Senate has issued a stern warning to federal agencies lagging in the implementation of their responsibilities under the 2025 budget. During a recent plenary session, senators criticized the inefficiency of certain government agencies, which they argued could jeopardize the success of the budget and the nation’s economic stability.

Accountability Concerns

Senators highlighted that several agencies had either failed to meet revenue targets or mismanaged funds allocated in previous budgets. The legislative body stressed the need for improved performance, warning that persistent underperformance might attract severe penalties, including funding cuts or leadership changes.

Senate’s Position

Senate President Godswill Akpabio called for stricter oversight, stating that the legislature would no longer tolerate agencies undermining the execution of government policies and programs. He emphasized that ensuring accountability and transparency in budget implementation is critical for addressing Nigeria’s pressing economic challenges.

Specific Issues Highlighted

Lawmakers flagged several concerns, including:

• Low revenue generation: Agencies not meeting expected contributions to the federation account.
• Delayed project execution: Projects critical to infrastructure, education, and healthcare facing significant delays.
• Lack of transparency: Allegations of fund mismanagement and poor reporting standards.

Legislative Measures

To address these issues, the Senate has announced plans to summon heads of underperforming agencies for questioning. They also proposed periodic performance reviews and the establishment of stricter sanctions for non-compliance with budgetary guidelines.

Implications for the 2025 Budget

The success of the 2025 budget, which prioritizes economic growth, infrastructure development, and social welfare, hinges on the effective performance of implementing agencies. Failure to meet set objectives could hinder the government’s ability to deliver on its promises and affect public confidence.

Conclusion

The Senate’s warning signals a renewed focus on accountability and effective governance in budget execution. As oversight activities intensify, the coming months will reveal whether non-performing agencies can rise to the challenge or face legislative consequences.