BUDGET ROLLOVER SYNDROME (PART 2): WHEN THE RED CHAMBER BECAME DOCILE
BUDGET ROLLOVER SYNDROME (PART 2): WHEN THE RED CHAMBER BECAME DOCILE By Comrade Dr. Kenneth Oshiogwemoh, Public Communicator and Political Affairs Analyst, Abuja. 13th October, 2026. The most tragic part of the budget rollover syndrome is not in the Villa. It is in the Red Chamber. In Part 1 of this series, I warned that Nigeria has dangerously moved from annual budgeting to perpetual budgeting. Today, I ask a more painful question: where is the National Assembly? Under Sections 59, 80, 81, 88, 89 and 318 of the 1999 Constitution (as amended), Nigeria operates a 12-month financial year. The Constitution gives the National Assembly the power of the purse and the duty of oversight. That sacred duty is currently failing. The Facts on Ground: As of today, 13th October 2026, contractors who executed 2024 capital projects across the federation have not been paid. The capital component of the 2025 Appropriation Act has been extended four times - from December 2025 to March 2026, to June 2026...