Part 2/9:
The Accountant General of the Federation presented data indicating that total revenue collection up to September 2024 amounted to 2.7 trillion Naira. However, a key focus of the hearing was the difficulty in accessing these funds due to a centralized payment system, causing significant delays. Lawmakers expressed their discontent, citing that the performance of the 2024 budget was unsatisfactory, leading to anxious expectations for plans for 2025.
A major area of complaint was the slow release of funds, which was attributed to a combination of two factors: a lack of available funds and inquiries surrounding uploaded budget items. The legislators emphasized the need for clarification on whether the slow funding was due to bureaucratic inefficiencies or inadequate financial resources.