The Executive Director of the Centre for Social Justice, CSJ, Mr. Eze Onyekpere, says the failure of the President Muhammadu Buhari-led government to present the 2016 Budget proposals to the National Assembly, one and a half months to the end of the current Fiscal Year is a demonstration of its unpreparedness for governance.
Onyekpere made this statement yesterday, during a round-table meeting on Budget Transparency and Public Engagement in Budget Process, following the release of the Open Budget Survey 2015, in Abuja.
He said: “That the executive has not presented the 2016 budget to the National Assembly until now shows the unpreparedness of the current administration in matters of governance.”
According to Onyekpere, the provisions of the Fiscal Responsibility Commission Act, 2007, the reviewed Medium Term Economic Framework, MTEF, and the 2016 budget by now should have been approved by the National Assembly.
“Right now, we don’t have the MTEF to underpin the budget and we don’t have the budget. The implication is that the budget is going to be presented very late and it may not be ready until the end of the first quarter of 2016, which has been the usual tradition. The implications are not funny for the administration of the Nigerian people.
“That means that the capital budget will be delayed and by the time they approve it in March, April or May, it will be raining season and all out-door constructions will stop.
“So we are continuing the cycle of poor capital budget implementation and of course that would mean addressing less of the needs of the Nigerian people who are suffering infrastructure deficit and also attending to less of the poor because the majority of Nigerians are poor and the budget is expected to address their needs,” he noted. Click to signup for FREE news updates, latest information and hottest gists everyday
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ReplyDeleteSome analysts just go to media and talk without logical reasoning. Ministers were sweared in less than 10days ago and one is talking about budget. Budget is no more business as usual with zero based budget. We should learn how to present our ctritics with some sense of logic.
ReplyDeleteIt is better to be late than be the late!!!
Yep he will present it next year
ReplyDeleteMan! What's your problem? Do you look for effective budget or non-working one? Let the president be. Some analyst you are.
ReplyDeleteEvery right thinking Nigerians must learn to be patient and encourage logical criticism. Unfortunately, Nigerians are always rushing instead of doing things in a coherent way. Let PMB take his time and present a logical budget that will move the country forward. Not a budget that the rogues would manipulate to their advantage. PMB, please take your time and do the right thing that is logical for the country.
ReplyDelete