… Says Nass ‘ll unveil salaries, allowances of lawmakers next week

From Fred Itua, Abuja

PRESIDENT of the Senate, Dr. Bukola Saraki has stated that the National Assembly will fulfill its promise of making public salaries and allowances of lawmakers.
This is even as he promised to support the administration of President Muhammadu Buhari’s fight against corruption, saying “under my watch the Senate will never cover corruption except if the information didn’t come to us.”
Speaking with a team of editors of the Lon­don based The Economist at the weekend, Saraki said the Senate was ready to partner with President Buhari to ensure the success of the anti-corruption war.
The Senate President said Nigerians would be availed with details of the National As­sembly budget which will be a departure from the tradition of having one line item budget.
“For the first time, we promised Nigerians to give out our budget breakdown. The com­mittee will make its report available by next week. We are resolved to break the tradition of one line item,” he emphasized.
The Senate, he said, had already demon­strated such commitment through its inter­ventions on many alleged corrupt transactions such as its swift investigation and adoption of a report on the management of the Treasury Single Account (TSA) that saved the nation about N7billion and the exposure of the inconsistencies in the 2016 budget.
He stressed that the step was a departure from the past where such reports were either watered-down or not presented for debate and adoption. Saraki cited the report he presented to the last Senate on the over N1trillion fuel subsidy scam that never saw the light of the day.
The Senate President said though party differences exist between Senators, citing example of the leadership tussle, he, however said national interest and the desire of each senator to fulfil the promises made to Nigeri­ans have become the guiding principle of the senate in their team work.
On the economy, he said the Senate has embarked on series of legislative interven­tions to create conducive environment for the private sector.
“It is only when the private sector thrives that the issue of unemployment will be addressed and the nation’s GDP will in­crease.
“Few days ago, we received a report on the laws that need to be amended in order of priority to ease doing business and overall private sector participation in the stimulation of Nigeria’s economy. We will soon com­mence the implementation of the recommen­dations in the report in addition to pushing for the amendment of the Procurement Act to stimulate and protect our local industries,” he assured.
He blamed lack of firmness and consis­tency in policy implementation by the past administrations as the main obstacle to the growth of the private sector.
He said: “If people have confidence that these policies have come to stay, nothing will stop them from coming to invest in the country.”
He allayed the fears that the low prices of oil will have negative impact on the imple­mentation of the 2016 budget, saying that, “what we need to do is to block leakages and show more transparency.”
“If we can block leakages, stop the wast­ages and institute a culture of transparency in governance, the revenue in-flow will not be substantially affected. Without these, even if oil is sold at more than $100 per barrel, we will continue to witness a decline in revenue in-flow as we witnessed in the past,” Saraki said.