2018 Budget must reach National Assembly in October — Udoma
If it happens that National Assembly gets 2018 Appropriation in October instead of December, Nigeria would have arrived. But how feasible?… Read more:
The Federal Government says it must forward the 2018 Appropriation Bill to the National Assembly in on or before October, irrespective of any unforeseen development.
This will be more so going by plans on the ground, which have seen various ministries and departments having their inputs to the budget being processed, according to the words of the Minister of Budget and National Planning, Udo Udoma, on Thursday.
In an interactive session with State House correspondents, during a retreat on the implementation of the Economic Recovery and Growth Plan and the 2018 Budget preparation process, at the Presidential Villa, Abuja, he said all necessary computations to the 2018 Appropriation had almost been collated, while final processing was being focused on.
Udoma stated that to achieve better budget adminstration in years to come, government had identified the hicupps usually associated with compilation of the various data and were working on them.
“We will send the 2018-2020 Medium Term Expenditure Framework Fiscal Strategy Paper, which had already been approved by the FEC on Wednesday, to the federal lawmakers who are currently on vacation.
“Ours is to follow the Fiscal Responsibility Act, which has some timelines and we are trying to keep strictly by those timelines.
“So the budget will get to the National Assembly by October. That was our commitment.
“We will go all out to make that happen. We made a commitment that we will do that on our part and we intend to deliver on that commitment. This is a government that delivers on its promises.”
The Minister added that all related document would have been with the lawmakers as soon as they resume.
He added that the government will stick to its commitment on the 2018 Budget plan, adding that September deadline for the National Assembly back from break is so near the that no stone is being keft unturned in achieving the stated result.