Saturday, 13 February 2016

Nigeria: Why 2016 Budget Had so Many Shortcomings - Top Presidency Official

A senior member of the Buhari administration has disclosed why the 2016 budget had many shortcomings, Premium Times reports. Giving details on how the Presidency was reacting to the embarrassing budget allocations, he said government
was avoiding publicly stating its position on the matter for now to avoid playing into the hands of its critics.

The official said both the Finance and Budget & National Planning ministries were determined to effect the necessary corrections and turn in a clean copy of the document for approval.

He blamed most of the errors in the budget on “over-ambitious civil servants” in the budget office who handled the preparation of the document prior to the appointment of ministers by Mr. Buhari.

He said by the time the ministers were eventually appointed, they had no sufficient time to properly scrutinize the budget for errors, in view of the tight deadline each of the ministries got before the final presentation to the joint session of the National Assembly on December 22, 2015.

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