Business
Buhari to present 2017 budget Dec14
President Muhammadu Buhari, today, said he would present the 2017 budget to a joint session of the National Assembly next week Wednesday.
President Buhari who made the revelation in a letter addressed to the Senate President, Bukola Saraki, also pleaded with lawmakers to allow him unveil his rescue plan to get the country out of its current economic recession.
It is however unclear if the National Assembly will pass the Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) before the President lays the budget.
Read also: Oyegun thinks Buhari’s $30bn loan plan is panacea to get Nigeria out of recession
Recall that President Buhari was on the 6th of October, 2016, summoned by both chambers of the National Assembly to unveil plans of how he intends to get the country out of recession.
The President has however been silent on his summon and did not give a definite date on when to appear.
If Buhari appears, it will be the first time since the time of President Olusegun Obasanjo that a sitting president will honour any summon from the parliament.
By Ehisuan Odia…
RipplesNigeria…without borders, without fears
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: In Kwara, multimillion-naira milk processing plant is abandoned, converted to a chicken outlet
After the government spent millions of naira to establish a milk processing plant in Kwara State that would provided jobs...
SPECIAL REPORT: For Sokoto communities, promise of healthcare is akin to death sentence
In this story, ABDULRASHEED HAMMAD delves into the dire realities of Primary Health Care services in Sokoto State, shedding light...
ICYMI…SPECIAL REPORT: NNPCL hides behind PIA to frustrate disclosure, accountability
Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard...
INVESTIGATION: Multi-million naira Ekiti resort center remains uncompleted a decade after
The multimillion-naira project, expected to comprise recreational buildings, now consists of cassava farmland, a bush used for excretion, and a...
SPECIAL REPORT: Torturous experiences of students with disabilities in Oyo tertiary institutions
For students with disabilities in Oyo state-owned tertiary institutions, learning is a torturous and distressing experience, considering the building structures...
JOHNSON PETER
December 6, 2016 at 6:13 pm
Very funny country. 2016 budget till today has not been fully implemented and we are in December already. 2017 budget will be used in 2018. What a planlessness country is this?
Margret Dickson
December 6, 2016 at 6:21 pm
I guess there’ll be more money to spend in 2017 by the time the senate approves the 2017 budget, and we have 2016 leftovers
Joy Madu
December 6, 2016 at 8:57 pm
No be only left over but running over.when last did Nigeria had a surplus budget? Deceive yourself.
Balarabe musa
December 6, 2016 at 9:18 pm
Nigeria will boast of surplus budget next year by the time all the money collected by efcc are injected into the economy.
seyi jelili
December 6, 2016 at 6:55 pm
That’s the country democracy bequeathed to us. Democracy has marred the country’s budget and the country’s economy.
I don’t like hearing of big money in Nigerian budget of which to see #1 out of it is rare. Budgets for the few.
yanju omotodun
December 6, 2016 at 6:16 pm
Am sure the lawmakers will ridicule buhari if he appears to present the budget. So if he is wise, he should send a delegate possibly the clueless finance minister Adeosun.
Animashaun Ayodeji
December 6, 2016 at 6:16 pm
I just hope the 2017 budget will not give birth to another grammar and drama like the 2016’s
Roland Uchendu Pele
December 6, 2016 at 7:18 pm
It’s quite unfortunate that we have to hope in the prevention of such at this point of our existence as a nation. But alas, wahala must follow every budget presentation.
chichi emerue
December 6, 2016 at 9:22 pm
No more jibril to blow trumpet of budget padding.