Budget 2019: Another Blame Cycle Begins
The 2018 budget was presented to the National Assembly in November 2017 by President Muhammadu Buhari, but the legislature and the executive traded blames until May 2018 before the bill was finally passed into law.
It appears that cycle of blame is rearing its head once again.
Long before the fiscal document reached the hands of the lawmakers, the minister of budget national planning, Udoma Udoma is already blaming them for having not fixed a date for its presentation.
Udoma made this known during a press briefing at the end of the federal executive council (FEC) meeting in Abuja on Wednesday.
The meeting was presided over by President Muhammadu Buhari, who had approved the estimates of the budget proposal during a special FEC meeting on Friday.
Udoma said it is now left for the national assembly to give a date for the submission of the budget proposal.
“As you already know, the budget is ready. We are liaising with the national assembly because they are to give us a date. If they say today, we will go. The budget is ready,” he said.
In October, the council had approved the 2019-2021 medium-term expenditure framework (MTEF) and fiscal strategy paper (FSP) and forwarded same to the national assembly for its consideration and approval.
In the following month, Udoma announced that the government was considering a reduced budget of 8.6 trillion naira, compared to the 9.1 trillion naira approved by the national assembly for 2018.
He said the decision was due to reduced government revenue projection for the year.
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