November 23, 2024

President Bola Tinubu has resumed duties at the Aso Rock Presidential Villa, Abuja.

Pictures released from the State House Monday showed the President at his desk receiving a briefing from the Chairman of the Federal Inland Revenue Service, Mr Zacch Adedeji.

It read, “President Bola Tinubu at his desk this morning, after returning from a two-week vacation. Mr President received a briefing from Zaccheus Adedeji, Chairman, Federal Inland Revenue Service. Abuja, Monday, October 21, 2024.”

 

Tinubu arrived in Abuja, on Saturday, after a two-week working vacation in the United Kingdom and France.

 

The President departed Abuja on Wednesday, October 2, a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, revealed.

 

Onanuga said, “President Bola Tinubu will depart Abuja today for the United Kingdom to begin a two-week vacation, part of his yearly leave.

 

“He will use the two weeks as a working vacation and a retreat to reflect on his administration’s economic reforms.

 

“He will return to the country after the leave expires,” the statement said.

 

On October 11, President Tinubu left the UK for Paris in France for “an important engagement,” his Senior Special Assistant on Political and Other Matters, Ibrahim Masari, disclosed in a tweet that Friday.

He returns amid concerns over delays in the presentation of the 2025 appropriation bill.

 

With just over two months to the end of the 2024 fiscal year, the House of Representatives, last week, drew President Tinubu’s attention to the Fiscal Responsibility Act.

 

The Act, among other things, mandates that the Medium-Term Expenditure Framework be presented to the National Assembly at least three months before the annual budget is submitted.

 

This requirement ensures that the MTEF, which outlines the government’s fiscal policies, expenditure priorities, and macroeconomic framework, informs the budget preparation process.

 

The timeline advocates a structured and transparent approach to budgeting, allowing for thorough discussions and evaluations of the proposed fiscal strategies before they are implemented in the budget.

 

Therefore, the House questioned the available time before the end of the year to thoroughly consider and pass the MTEF, Fiscal Strategy Paper and 2025 Budget Estimates.

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