President of the Senate, Mr David Mark, on Monday, dismissed the Governor of Central Bank (CBN) Mallam Lamido Sanusi’s claim that the National Assembly was consuming 25 per cent of the total annual national overhead budget, saying it was the CBN that was gulping the largest national overhead cost of 50 per cent.
Mark said going by Mallam Sanusi’s own arithmetic, the CBN was consuming N300 billion, representing 50 per cent, which amounted to double of what the CBN governor alleged that the National Assembly was spending.
According to him, Sanusi was wrong when he claimed that 25 per cent of the total Federal Government’s overhead budget was being used to maintain the National Assembly every year, pointing out that if N150 billion overheads to the National Assembly translated into 25 per cent, it meant that the N300 billion overheads to the CBN amounted to 50 per cent of the national budget.
The Senate President spoke with journalists in Benin City, the Edo State capital, shortly after paying a condolence visit to Governor Adams Oshiomhole of Edo State, over the death of his wife, Clara.
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