Senate threatens zero budget for MDAs over 2021-2023 MTEF/FSP

By Ignatius Okorocha

Senate on Wednesday vowed that it will not appropriate any fund to Ministries, Departments and Agencies (MDAs) that fails to appear to defend its inputs in the 2021-2023 Medium Term Expenditure Framework(MTEF)and Fiscal Strategy Paper(FSP).

Chairman, Senate Committee on Finance, Sen. Solomon Adeola made the disclosure, at the opening of a five day public hearing on 2021-2023 MTEF and FSP documents.

Adeola, said the 50 revenue generating agencies of government must appear before the committee to defend its input in the 2021-2023 MTEF and FSP documents.

He said the MTEF and FSP was put together by the MDAs, hence the need to defend their inputs in the document.

“This document was put together by the executive and we need all the head of agencies to come and defend what is befall us.

“So any agency that fails to appear with its Chief Executive should as well know that from 2021 to 2023, there will be no budget.

According to him, MDAs who fails to appear would experience zero budget allocations and also face severe sanctions from the senate,notting that the committee had the backing of Senate to conduct the public hearing.

He said the public hearing on the 2021-2023 MTEF and FSP was unique, given the challenge of sources of revenue generation for the country.

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