Wednesday, 4 May 2016

NEWSPresident Buhari returns 2016 budget to NASS for the 3rd time

President Buhari returns 2016
budget to NASS for the 3rd
time


– Sources reveal that President Buhari is
still unhappy with some sections of the 2016
budget
– Those close to the lawmakers state that
the president can even sign the budget on
Wednesday if is being correctly reworked
President Muhammadu Buhari has reportedly
returned the controversial 2016 budget to
the National Assembly for the third time.
The budget which has been an issue of
serious debate in the past few months, was
said to have been returned to the lawmakers
on Tuesday, May 3, after it emerged that the
president was still unhappy with some of its
contents.
According to Vanguard, the 2016
appropriation bill was returned for further
legislative work as principal officers and
members of the review committee from both
legislative chambers met for about two hours
on Tuesday evening.
A source close to the committee revealed
that the president refused to touch the
budget after it was submitted to him
because there were still issues he was not
comfortable with.



“The budget got to the State House at about
1.10am and Mr. President went through it
early this morning and still had some issues
with some of the figures. I can not tell you
exactly what it was but I think the insertions
made by the lawmakers were not significantly
altered.
“You know the lawmakers had moved some
allocations for key projects that are dear to the
president to other areas especially to their
constituency projects. Of course, they have
changed some but I believe Mr. President is
not satisfied with the reconciliation they made.
I think this is one of the reasons why it was
returned,” the anonymous source revealed.
Speaking further, the impeccable source told
Vanguard that the president would assent to
the budget on Wednesday, May 4, only if the
lawmakers make all the corrections and
transmit the document to him tonight.
According to him: “I can assure you, Mr.
President is desirous to sign the budget
because he is aware and has acknowledged
that Nigerians are going through hardship.
“He is also concerned so if the budget is
cleaned up this night and sent to him, he will
sign it as soon as possible. That I know very
well.”
And while the 2016 budget is yet to be
signed by the president, the ministry of
budget and national planning says it has
begun the preparation of 2017 budget.
The minister of state budget and national
planning, Zainab Ahmed who was quoted in
a statement signed by Charles Dafe, director
of Information in the ministry, disclosed this
when the Association of National
Accountants of Nigeria (ANAN) paid her a
courtesy visit.
The ministry solicited the support of ANAN
to build the capacity of the staff on Zero-
Based Budgeting (ZBB) application.