Wednesday 30 March 2016

Budget 2016 Suffers Another Delay As Buhari Refused To Sign The Budget.

The 2016 Budget implementation has suffered another setback as President Muhammadu Buhari has refused to sign the budget into law days after the Senate passed the budget and sending same to the president for him to sign into law.
The president refused to append his signature because according to him the budget sent to him was mere highlights of the budget passed and not the entire documents he sent to them. The Budget 2016 since its presentation by the President in December has witnessed a lot of hiccups starting from when the budget was declared missing by the senate in January 2016 which eventually was reported to have been found. After that comes the alleged padding of the budget during ministries defense of their budget.  Some ministries out rightly denied the budget prepared for them that it wasn’t what they presented like the Ministry of Health and Information and culture.
After several delays and claims and counter claims of budget paddling, the senate committees did work on the budget and harmonized proposal sent with both legislative chambers at a joint sitting passed the N6.06 trillion budget eventually last week Tuesday and was sent to the President for assent.
According to reports from the presidency, the national assembly either did not not complete work on the budget or are playing politics with the budget they claimed they passed a development sources said the President isn’t comfortable with. Only the highlights of the budget were sent to the president to sign without a clear detail of the budget. The president does not know the adjustment made on the proposal sent to them and the documents the legislature has removed or added to the budget, the source added.

Meanwhile President Muhammadu Buhari has jetted out of the country to attend the nuclear security conference taking place in Washington DC United states. He is not expected back in the country until Friday 1st April 2016.

No comments:

Post a Comment