Senator Udoma Udo Udoma, the
Minister of Budget and National Planning, has revealed when the 2018 budget
would be ready.
Udoma said the ministry was
working hard to ensure that the 2018 budget proposal will be sent to the
National Assembly in January.
Udoma made this known while
speaking in Abuja on Wednesday during the public presentation and capacity
building on 2017 agriculture budget.
Represented by Mr Aso Vakporoye,
Deputy Director, Economic Growth in the ministry, the minister noted that with
the effort of relevant stakeholders, the issue of late passage of budget would
be addressed.
He said, “For 2018, the Federal
Government part of it has been concluded with hope that it will be submitted to
the National Assembly in January.
“Government is putting more
effort to address the issue of dry season farming because when the budget is
passed on time, it will enable it provide funds for farmers promptly,’’ he
said.
Speaking earlier, Mr Ken Ukaoha,
President, National Association of Nigeria Traders (NANTS), said that the
agricultural sector presently contributed more than 22 per cent to the
country’s Gross Domestic Product.
“In the recent times, emphasis
has been laid on the diversification of the economy, especially the
agricultural sector, which employs a greater number of the country’s
population.
“Some initiatives, such as
consuming `Made in Nigeria’ products, have also been promoted as way to
encourage domestic production of agricultural goods for the country,’’ he said.
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