The Senate, on Monday, said any agency benefiting from service-wide votes without proper accountability would no longer be tolerated.
Chairman of the Senate Committee on Appropriations, Senator Adeola Olamilekan, said this while warning that the 2026 budget would mark a decisive break from past spending practices.
Speaking at a one-day public hearing on the 2026 Appropriation Bill, Senator Olamilekan stated that every expenditure item would be subjected to strict scrutiny to determine how public funds are utilised.
He called on ministries, departments and agencies (MDAs) to cooperate fully with oversight institutions to promote transparency, efficiency and fiscal discipline across government.
The lawmaker also declared that the National Assembly will no longer extend the implementation of federal budgets beyond December 31, insisting that delays undermine fiscal planning and accountability.
Olamilekan equally highlighted the electricity sector as a major drain on public finances, underpinning the urgent need for comprehensive reforms, including unbundling of the power sector.
He noted that electricity subsidies, which run into several trillions of naira annually, must be addressed to free up revenue for national development.
He further expressed concern that government revenue remains inadequate to fund the proposed 2026 budget, which carries a deficit of ₦25.1 trillion.
According to him, budgeting without sufficient revenue raises serious questions about fiscal sustainability.
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