Tuesday, June 23, 2015

President Buhari’s First Act of Fiscal Irresponsibility.

by Eze Eluchie

The very first executive acts of President Muhammadu Buhari, ordering the release of Twenty One Million Dollars (US $21million) to the so-called Multinational Joint Task Force (MNJTF), a most amorphous entity unknown to Nigerian law and practice  and whose rules of accountability is unknown, is  in addition to constituting an act of fiscal irresponsibility and  rascality also an impeachable offense. Worse still, the US $21million is merely a part of the One Hundred Million Dollars (US $100million) which President Buhari pledged to give the so-called MNJTF.

A combined reading of the provisions of Sections 59, 81 and 82 of the Constitution of the Federal Republic makes it clear that the National Assembly has to legislate for any monies withdrawn by Mr. President from the National purse. As at the time when the US $21million-giveaway was effected, the 8th National Assembly was yet to be inaugurated. From where did Mr. President get the authorization to giveaway public funds to an entity unknown to our laws?

Is the MNJTF a drain pipe? Into whose pocket?

Was the pledge of US $100million to MNJTF reflected in any Federal Budget?

Was the US $21million giveaway accorded MNJTF ever approved by the Senate of the Federal Republic as stipulated in the Nigerian Constitution?

Whilst not calling for Mr. President to be impeached now, the Buhari regime must watch it! The President must, at all times be reminded that he is presiding over a supposedly democratic arrangement and not an autocratic era where he can wake up and do whatsoever he feels like with national resources. Such mannerisms, as displayed by the reckless throwing around of national funds, are the root causes of corruption and other vices which serve to undermine whatsoever efforts being made to pull our contraption out of the woods.

President Buhari, as part of the transitional processes, should be forgiven this time around, but such lapses must never occur again. The Legislative houses are enjoined to ensure that such lapses never occur again and that this present misadventure is corrected.



Picture: President Buhari clearly in need of learning fiscal practices of the presidential system


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