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President Buhari To Present 2021 Budget Next Week

nigeria president, muhammadu buhari

President Muhammadu Buhari would next week present the 2021 budget estimates to a joint sitting of the National Assembly, President of the Senate, Ahmad Lawan, has revealed.

Lawan made this known on Tuesday during plenary while welcoming lawmakers back from the Senate’s annual recess.

The Senate President while commending the Joint Committee on Finance and National Planning for carrying out comprehensive legislative work on the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper, stated that consideration of its report by the upper chamber would precede presentation of the 2021 budget estimates next week by the President.

Following the budget presentation, the Senate President announced that the upper chamber will provide a one-month window for Budget defence by Ministries, Departments and Agencies of government.

“Like last year, the month of October, 2020 will be dedicated for this exercise. Subsequent months of November and December will be dedicated to the internal processing of the Budget by NASS.

“The various MDAs are therefore advised to ensure that they avail themselves the opportunity of the Budget defence window to appear with all the relevant and necessary information to defend their Budget Estimates,” Lawan added.

Speaking on the revised 2020 Budget, Lawan who emphasized the need for both chambers to carry out oversights to ensure its proper implementation, stressed that same must be “targeted at addressing the specific challenges occasioned by COVID-19 Pandemic.”

He added that, “the Senate needs to pay particular attention to the implementation of the Federal Government Economic Sustainability Plan.

“The strategic Plan is an essential means of revamping our economy, as it provides interventions in the Mass Agricultural Programme, Infrastructure, Mass Housing Programme, Investments in Healthcare Infrastructure, amongst others,” he said.

 

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