The house of representatives has hailed the presidency for a timely intervention in preventing a potential crisis in the National Assembly over delays in the release of funds for 2024 and 2025 capital projects.
Deputy Spokesperson of the House, Philip Agbese, credited the President following last week’s protest by indigenous contractors who disrupted activities at the National Assembly to press for payment for contracts executed since 2024.
During a closed-door session on Wednesday, lawmakers expressed concern over the poor funding of national budgets and called for full implementation of the capital component of the 2024 Appropriation Act.
Agbese revealed that the President directed the Minister of Finance, Wale Edun, and the Accountant-General of the Federation, Shamseldeen Ogunjimi, to commence immediate payment to contractors.
He also clarified that the delay in budget implementation was not due to the Tinubu administration but resulted from the need to complete projects and obligations carried over from previous fiscal years.
