Worried by the current economic realities in the country, a group has called on the National Assembly leadership to cut down the budget for lawmakers.

Making the call in a letter, the Socio-Economic Rights and Accountability Project (SERAP) specifically asked the President of the Senate, GODSWILL AKPABIO, and Speaker of the House of Representatives, TAJUDEEN ABBAS to promptly reduce the National Assembly budget of 344.85 billion naira, to reflect the current economic realities in the country, and cut the cost of governance.”

The group also wants them to request President BOLA TINUBU to present a fresh supplementary appropriation bill, which reflects the reduced National Assembly budget for the approval of the National Assembly.

It also wants the National Assembly leadership to promptly publish details of the National Assembly budget including the proposed spending details of the 3 billion naira for the Senate Car Park and 3 billion naira budgeted for the House of Representatives Car Park.

SERAP warned that the random increase by the lawmakers of their own budgetary allocation, if not cut, would have significant fiscal consequences and worsen the country’s debt crisis.