The presidency said the decision of the National Assembly to extend the life span of the capital section of the 2023 Supplementary Budget was aimed at full implementation of the budget.
The Special Adviser to the President on Information and
Strategy, Bayo Onanuga stated this on Friday.
Recall that Nigerian civic platform, BudgIT, had criticized
the decision of the Senate to extend the life span of the budget, making it the
third national budget running concurrently in the country.
Reacting to BudgIT, Onanuga said the National Assembly had
not erred in its action, pointing out that it was in a bid to ensure the
implementation of projects in the budget.
He noted that the Senate had already explained its reason
for its intervention, saying there are projects in the old budgets that have
not been implemented because of funding issues.
“There’s really no issue here. The National Assembly has
already explained its reason for this. There are many projects in the 2023
Budget and the (2023) Supplementary Budget that have not been executed. The
idea is to achieve the implementation of such projects in the previous budgets.
“For instance, the Ministry of Agriculture and Food Security
has some allocation in the 2023 Budget and the Supplementary Budget, which, as
we’re talking;
“…have not been given the cash backing to embark of the
projects, automatically they have to take such projects forward to be
implemented. Apparently they weren’t able to implement because they didn’t have
the funds.
“One also knows that a lot of projects, in terms of capital
budget, were not done last year so they needed to carry them forward before
they can be done. That’s just basically the idea”, Onanuga said.
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