Business

Senate plans bill to establish new budget office at National Assembly 

The Senate has advanced a bill aimed at establishing the National Assembly Budget and Research Office (NABRO).


Sponsored by Deputy President of the Senate, Jibrin Barau (APC, Kano North), the proposed legislation, formally known as “A Bill for an Act to establish the National Assembly Budget and Research Office which provides the National Assembly with objective, timely and non-partisan analysis needed for economic and budget decisions and for related matters, 2024 (SB.363),” seeks to usher in a new era of informed policymaking within Nigeria’s legislative framework. 


Introduced by Senator Opeyemi Bamidele (APC, Ekiti Central) on behalf of Senator Barau, who was presiding over the session, the bill envisions the creation of an autonomous entity dedicated to furnishing the National Assembly with detailed and impartial fiscal analysis and budgetary insights.