Reps Urge Cut In N6.45trn New Borrowing

Lawmakers in the House of Representatives on Wednesday called for prudent utilisation of funds as well as a reduction in the proposed domestic and external borrowing in the 2022 Appropriation Bill being considered by National As­sembly.

The lawmakers including chair­man, House Committee on Judiciary, Hon. Luke Onofiok; Minority Leader, Hon. Ndudi Elumelu; Hon. Abubakar Kabir, among others, gave the charge during the debate on the general prin­ciples of the 2022 Appropriation Bill.

President Muhammadu Buhari had revealed that the Federal Government will bor­row N6.45 trillion to finance the 2022 budget deficit.

“We plan to finance the defi­cit mainly by new borrowing totaling N5.01 trillion, N90.73 bil­lion from privatisation proceeds and N1.16 trillion drawdowns on loans secured for specific development projects.”

Hon. Onofiok, who ex­pressed delight in the N10 bil­lion increase in the allocation for judicial officers, called for upward review of the proposed N50 billion hazard allowance for medical doctors as part of mea­sures toward reversing exodus of medical personnel to other countries amid lingering pan­demic.

He said: “Following from the above, there are plausible recommendations by the Fed­eral Government in the 2022 proposals which my constit­uents have asked me to share and then appreciate and look at it and commend it.

“One of them”, he said, “is the provision of about N50 bil­lion for hazard allowance for medical personnel. We would recall that as part of the issues that led the medical personnel to go on strike is the hazard al­lowances which were not paid and even as of now those haz­ard allowances are quite very minimal.

“We commend this effort of the Federal Government to capture this. I believe that this would stem the tide of industri­al action in the health sector in 2022.

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