Saturday 19 December 2015

Buhari ready with ‘budget of change’ – Presidency

ABUJA- AHEAD of the presentation of 2016 Appropriation Bill to the National Assembly by President Muhammadu Buhari Tuesday, the Presidency said yesterday that the President was prepared to present to Nigerians, a budget of change.
Addressing Journalists yesterday in Abuja, the Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang explained that the 2016 budget would be a departure from the previous budgets, where the Medium Term Expenditure Framework (MTEF) was presented to the National Assembly while the budget was being considered.

According to Enang, it was deliberate that President Buhari had planned to lay the 2016 budget estimates before the National Assembly after the apex Parliament had considered and approved the MTEF.

The Senate had passed the MTEF on Wednesday, December 16, 2015.

Enang who noted that the MTEF was the parameter upon which budget was determined, stressed that the document would act as a guide to developing implementable budget.

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