đź“… Date: June 27, 2025
Author: BlackXcellence News
📝 Full Blog Post Content:
A prominent civic group, the Coalition for Fiscal Accountability in Governance (C-FAG), has publicly commended President Bola Ahmed Tinubu for withholding assent to the controversial National Assembly Library Fund Bill, which proposed a multi-billion naira allocation for a legislative library complex.
The bill, which quietly passed both chambers of the National Assembly earlier this year, faced public backlash after reports emerged of the proposed ₦40 billion project cost — a figure critics deemed excessive and poorly timed.
👏 The Praise:
In a press release issued on Friday, C-FAG described Tinubu’s action as a “rare show of fiscal responsibility in an era of economic hardship.”
“While we support knowledge and archival preservation, such a project must reflect national priorities. The President’s decision to withhold assent is commendable and in line with public interest,” said Dr. Mariam Sulaimon, spokesperson for the coalition.
📉 The Controversy:
The proposed bill sought to:
Establish a standalone library for the National Assembly
Allocate significant federal funding outside the annual legislative budget
Operate with semi-autonomy and its own governing board
Critics slammed the bill as extravagant, especially at a time when the country is battling:
High inflation and unemployment
Underfunded public schools and libraries
Worsening national debt
đź§ Tinubu’s Decision:
Sources at Aso Rock confirmed that President Tinubu returned the bill unsigned, citing concerns over:
Lack of transparency in the budgeting process
Public sensitivity to government spending
The need for fiscal discipline and project prioritization
đź’¬ Public Reaction:
The President’s decision has sparked widespread approval on social media, with hashtags like #40BillionLibrary and #SayNoToWaste trending on X (formerly Twitter).
“This is the leadership we need — not rubber-stamp approvals,” tweeted @NaijaTaxwatch.
Others have called on the National Assembly to redirect the proposed funds to revitalize existing national libraries and e-learning centers across Nigeria.
🔍 What’s Next?
The National Assembly may:
Rework the bill and reduce the proposed funding
Attempt to override the President’s veto (unlikely)
Quietly shelve the proposal in response to public outrage
C-FAG and other civil groups have pledged to monitor the bill’s progress and ensure budgetary transparency.
