Implementation of 2017 budget to begin January 1 – Presidency

The Presidency has stated that the 2017 budget will begin from the first day of the year as everything is been put in place towards achieving that.

The Presidency said Friday that the administration of President Muhammadu Buhari will start the implementation of the 2017 budget, January 1, just as it stressed that as a government, it has put everything in place to achieve the set goal and target.

According to the Presidency, to ensure that the implementation of the 2017 budget commenced at the chosen date, the Government would ensure that the 2017 Appropriation Bill was presented to the National Assembly before the end of 2016 to enable the lawmakers look at the document and subsequently pass it for presidential assent.

Addressing journalists Friday in Abuja, the Senior Special Assistant to the President on National Assembly matters( Senate), Senator Ita Enang said that as a prelude to the presentation of the 2017 Appropriation Bill, the President had already forwarded the 2017, 2018 and 2019 Medium Term Expenditure Framework and Fiscal Strategy Paper, MTEF & FSP to the National Assembly for consideration and subsequent approval.

It would be recalled that in the document, President Buhari projected a total budget of N6,866,335,052,740 for 2017.

Senator Enang who urged Nigerians to be patient with the federal government in its quest to provide food, employment and security, however commended the leadership of the Senate on the speedy consideration given to correspondences from the President, adding, “The dexterity, speed, thorough attention, legal touch and expertise deployed by senate and its committees in considering and handling matters of the executive is worth commendations”.

Post Author: Bukunmi

Bukunmi
I'm what they call "The Quadruple" - I'm a minimalist, a conspiracy theorist, a budding writer, and an info nerd. I operate under the auspices of me. Nerd not noob.

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