Budget: Reps reply Jonathan, insist on Oteh’s sacking - Gragrah News!
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Budget: Reps reply Jonathan, insist on Oteh’s sacking

Written By Gragrah on Friday, March 22, 2013 | 3/22/2013 08:25:00 am


The House of Representatives passed a fresh resolution on Thursday, insisting that President
Goodluck Jonathan  must  sack the Director-General of the Securities and Exchange Commission, Ms. Arunma  Oteh.

It said there was a “dangerous” trend by the Executive  in  ignoring  the resolutions of the House.

“The House resolves once again to urge Mr. President to implement the resolution of the hallowed chambers by removing Ms. Arunma Oteh from office on the ground  of non-possession of the minimum professional qualification prescribed in the Securities and Exchange Commission Act for appointment into the office of Director-General,” it stated.

The motion on the matter was sponsored by the Deputy Minority Whip, Mr. Dhatti Ahmed, who recalled that it was because Jonathan refused to act on  the resolution on Oteh that the House stopped the 2013 budget of the commission.

The latest resolution came barely 48 hours after the House received request for an amendment to the 2013 budget from Jonathan.

In the amendment proposal, Jonathan had contested four clauses, including the clause allocating zero budget to SEC.

The President had argued that the SEC clause was misplaced as it was not an item originally stated for in the 2013 Appropriation Bill.  He also observed that the clause could shut down the entire operations of SEC if it was not removed from the budget.

But, the House members  noted that by his action, Jonathan had reopened the Oteh case, instead of complying with their resolution.

The Minority Leader, Mr. Femi Gbajabiamila, referred Jonathan to Section 31 of the Fiscal Responsibility Act, which he said empowers the National Assembly to appropriate funds to SEC.

He said, “The Act is very clear on this. It clearly says that the minister (Finance) shall present the budget of SEC for appropriation by the National Assembly.

“Mr. President’s refusal to sack Oteh is what is shutting down the operations of SEC, not the resolution of the House. We have to bite and bark as a House.
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