In the letter dated January 13, 2016, Obansanjo accused the federal lawmakers of being “insensitive” to the Nigerian economic situation by planning to buy cars for themselves. He also urged the National Assembly to be transparent in their finances by publishing its recurrent budgets for the years 2000, 2005, 2010 and 2015 recurrent expenditure and opening their books to an external auditor from 1999 till date.
Senator Bukola acknowledged receiving the letter.
Responding to it, he assured the former president that the NASS was aware of the current economic realities and was also cutting its expenditure, stating also that the 8th Senate was committed to good governance, transparency, accountability and due process.
Yesterday, I acknowledged receipt of a letter from former President Olusegun Obasanjo in which he called the attention of the National Assembly to some issues. I will want to assure ex- President Obasanjo that the leadership and membership of the 8th Senate are committed to good governance, transparency, accountability, due process and responsiveness to the economic reality of our nation.
It is for this reason that the legislative chamber has introduced bold and progressive reforms in the management of the finances of the National Assembly. This is of even greater importance during a tough fiscal period for our country.
Like I said, the Senate must lead by example in terms of our own funding, budgets and accountability; showing, beyond doubt, value for money. I have canvassed that we must lay bare the budget of the Senate, the National Assembly and its affiliated institutions. I equally canvassed the need to strengthen the capacity of the legislative institution to carry our effective oversight of the executive arm. That way, we can ensure the budget leads to the realisation of the policy objectives of the Buhari Administration.
He appreciated the concerns of the former president,emphasizing that he held him in high esteem.
I appreciate President Obasanjo for his consistent role in always reminding those of us in government about our responsibilities to the general public and offering timely advice where necessary.