Chairman, Senate Committee on Rules and Business, Senator Babajide Omoworare, had assured on Monday the controversial 2016 budget report would be laid today, 22 of March 2016.
The submission of the budget was initially postponed to give it more time to work on the budget.
The Senate spoke person, Senator Aliyu Abdullahi while speaking with newsmen some days ago explained the inability of National Assembly to pass the budget was for the Appropriation Committees to have enough time to work on the budget inorder to avoid anymore errors.
However, according to reports the Senate is likely to pass the budget on Wednesday.
Also on Tuesday, the Nation reports that the Senate received the annual report of the Auditor-General of the Federation.
Senate Leader, Senator Mohammed Ali Ndume presented the report entitled “Accounts of the Federation of Nigeria.”
Ndume asked the Senate to “receive the Annual Report of the Auditor-General for the Federation on the accounts of the Federation of Nigeria for the year ended 31st December, 2014 in accordance with section 85(2) and (5) of the constitution of the Federal Republic of Nigeria, 1999 (as amended).
The weighty report, submitted to the National Assembly by the Auditor-General of the Federation, Mr. Samuel Ukura, indicted several ministries, departments and agencies including the National Assembly management.
The report claimed that more than N3.3 trillion was misappropriated by the MDAs and the National Assembly.
Chairman, Senate Committee on Media and Public Affairs, Senator Aliyu Sabi Abdullahi, had assured that the Senate will investigate every bit of the audit report.
Abdullahi told reporters in Abuja that consideration of the audit report is part of the statutory function of the parliament.
He said that the exposures in the audit report are queries raised by the Auditor General which cannot be conclusively classified as fraudulent acts until proven by investigation.
He added that the queries raised in the report by the Auditor General are not necessarily indictment.
The Senate Committee on Public Account, he said, would dig into the report; invite those queried to ask for clarification before coming to conclusion.
He said that the Eight Senate had elected to make the difference by painstakingly considering the report to establish the veracity of the report.
He asked Nigerians to wait and see what the Senate would make out of the audit report.
He said, “The Eight Senate has chosen to be different as we have stated severally since we came on board and for which we came up with our legislative agenda to make us different from the past because we are in the season and period of change and we want to seriously key in to that.
“Along that line, you could see the courage that we have to make some differences from what has obtained in the past and to this note, we have passed reports of some committees like the Treasury Single Account (TSA), which is a classical example.
“Through that exercise, we were able to save the country, N7billion. There are similar works that has been done.
“We want to say that since we have chosen to be different, we urge Nigerians to wait and see what we will make out of the investigation.
“Without holding forth for the past assemblies, I want to say that it is not as if they did not do anything about the past Audit Reports.
“But perhaps they have not taken their action up to the scale that would have made a huge impact that people want to see. If that is what the Auditor – General means, I agree with him.
“The Auditor – General is raising a query, it is not an indictment. So when he raises his queries, the essence of the Public Accounts Committee is to invite those parties involved in the query and through the instruments of their own work, investigate all the issues by seeking for clarification and at the end of the day, where they have infractions, or infringement on certain procedures, they met out appropriate sanctions as stipulated by extant rules and regulations.
“When there is a process and someone has done one part, until we conclusively finish that process, it will be wrong to accuse anyone of being guilty.
“These are administrative procedures and the Senate President, Bukola Saraki, has made it clear that we would take oversight functions far more serious than what it used to be in the past.
“If oversight functions are carried out properly, some of these queries that we talk about will begin to reduce because the essence is to see infractions before they happen.
“We as lawmakers will stop it before another institution discovers the anomalies and bring them to our notice.
“These are the powers of the National Assembly through oversight functions. We are committed to ensuring that a thorough job is done this time.
“We have demonstrated our capacity to match our words with our actions. Wait and see, it is a promise and we have four years to prove that we mean business.”
Also Tuesday the Senate received report of the conference committee on Medium Term Expenditure Framework (MTEF).
Chairman, Senate Committee on Finance, Senator John Owan Enoh prayed the Senate to receive the report of the conference committee on the 2016, 2017 and 2018 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
The consideration and adoption of the MTEF and FSP pave the way for the passage of the Appropriation Bill.
After the receipt of the reports, the Senate adjourned plenary in honour of a member of the House of Representatives, Hon. Musa Baba Onwana, Nasarawa/Toro Federal Constituency, Nasarawa State, who died last week.