By:Gurdian

The Co-Chairman and House Committee Chairman on Solid Minerals, Gaza Gbefwi, also criticised the reduction of the 2025 capital expenditure proposal for the mining sector.

MEANWHILE, the Human and Environmental Development Agenda (HEDA Resource Centre) has urged the Nigeria Senate Committee on Appropriation, chaired by Solomon Olamilekan, to prioritise transparency and accountability in the recent Senate hearing involving the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun.

HEDA’s Chairman, Olanrewaju Suraju, expressed concerns over key financial issues raised by the Senate committee, such as savings and expenditures from the removal of the fuel subsidy and debt servicing, urging the Senate to ensure comprehensive investigations, making the findings publicly accessible.

According to Suraju, the Nigerian public has the right to know how their resources are being managed, particularly during economic challenges. He further emphasised the need for the minister to provide detailed accounts of savings and expenditures from subsidy removal to the Parliament, clearly outlining debt servicing costs for 2024, and providing projections for 2025.

The civil society organisation also expressed disappointment in the apparent lack of readiness displayed by some public officials during the public hearing, and their sudden demand for closed door session with the parliamentary committee, stating that it undermines public trust in governance.