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BUDGET: Buhari to send virement request to N’Assembly
The Presidency has indicated that it would forward a request for intraministerial virement to the National Assembly when the parliament resumed plenary tomorrow. This is to enable the executive effectively implement some priority projects captured in the 2017 budget.
The Senior Special Assistant (SSA) to the President on National Assembly Matters (Senate), Senator Ita Enang, in an interview with New Telegraph in Abuja, also disclosed that the Presidency would be forwarding a loan request to the apex legislative body for approval. He further reiterated that arrangement was in the offing by President Muhammadu Buhari, to present the 2018 Appropriation Bill in October to the federal lawmakers for earnest consideration and approval.
Enang explained that the proposed virement would not be inter-ministerial but rather intra-ministerial, whereby funds would be moved from one subhead to another within the same ministry, pointing out that the aim was to give priority to certain projects in the implementation of the 2017 budget.
He, however, declined to highlight the definite or specific areas of the budget or ministries that were affected in the proposal, noting that the details of the virement would accompany the request letter which would soon be sent to the National Assembly for approval.
New Telegraph, September 25, 2017
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