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FEC keeps mum on 2017 budget (Photos)

FEC keeps mum on 2017 budget (Photos)

Rising from its meeting on Wednesday, the Federal Executive Council (FEC) said it had approved the Appropriation Bill for 2017, but would not give any details.

PRESIDENT BUHARI PRESIDES OVER FEC MEETING. 1. President Muhammadu Buhar Presides over the Federal Executive Council (FEC) Meeting at the Council Chamber Presidential Villa. PHOTO; SUNDAY AGHAEZE. NOV 30 2016.

After the meeting which lasted almost the whole day, Minister for Budget and Planning, Udoma Udo Udoma who addressed newsmen refused to give details of the 2017 budget, or when it will be presented to the National Assembly.

PRESIDENT BUHARI PRESIDES OVER FEC MEETING. 3. L-R; President Muhammadu Buhari, Minister of Justice and Attorney General of the Federation, Mr Abubakar Malami, Minister of Agriculture and Rural Development, Minister of State, Agriculture, Mr Heineken Lokpobir, Minister of Budget and National Planning, Senator Udoma Udo Udoma and Minister of State, Budget and National Planning, Hajiya Zainab Ahmed during Federal Executive Council (FEC) Meeting at the Council Chamber Presidential Villa. PHOTO; SUNDAY AGHAEZE. NOV 30 2016.

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“With regards to the date, the President will be communicating to the National Assembly and, of course, it will be at the National Assembly’s discretion ultimately. The President will write to them and after they confirm, then the President can come to address them.”

PRESIDENT BUHARI PRESIDES OVER FEC MEETING. 4. R-L; Vice President Yemi Osinbajo and SGF Engr Babachir David Lawal as President Muhammadu Buhari presides over Federal Executive Council (FEC) Meeting at the Council Chamber Presidential Villa. PHOTO; SUNDAY AGHAEZE. NOV 30 2016.

On the Medium Term Expenditure Framework (MTEF) which the lawmakers had described as horrow, Udoma said “The MTEF was a very well prepared document after extensive consultations. We consulted the private sector, NGOs etc.”

PRESIDENT BUHARI PRESIDES OVER FEC MEETING.5A&B. R-L; Minister of Transportation Mr Rotimi Amaechi, Minister of Health Prof Isaac Adewole, Minister of Youth and Sports, Barrister Solomon Dalung and Minister of State Steel and Mining, Hon Abubakar Bawa Bwari as President Muhammadu Buhari presides over Federal Executive Council (FEC) Meeting at the Council Chamber Presidential Villa. PHOTO; SUNDAY AGHAEZE. NOV 30 2016..

“But the assumptions of that MTEF were assumptions which were true and correct as of the time it was prepared in August. Naturally, the estimates may vary; every time you improve on your estimate based on the latest estimates,” the minister said.

PRESIDENT BUHARI PRESIDES OVER FEC MEETING.5A&B. R-L; Minister of Transportation Mr Rotimi Amaechi, Minister of Health Prof Isaac Adewole, Minister of Youth and Sports, Barrister Solomon Dalung and Minister of State Steel and Mining, Hon Abubakar Bawa Bwari as President Muhammadu Buhari presides over Federal Executive Council (FEC) Meeting at the Council Chamber Presidential Villa. PHOTO; SUNDAY AGHAEZE. NOV 30 2016...

Also giving updates on the level of implementation of the 2016 budget, he said, “As you are well aware, we’ve had revenue constraints. Nevertheless, as we have been briefing you regularly every month and you are up to date, we have paid all personnel in full.

PRESIDENT BUHARI PRESIDES OVER FEC MEETING.6. Vice President Yemi Osinbajo, confer with the National Security Adviser to the President Major General Babagana Mongonu as President Muhammadu Buhari presides over Federal Executive Council (FEC) Meeting at the Council Chamber Presidential Villa. PHOTO; SUNDAY AGHAEZE. NOV 30 2016.

“We have met all our personnel emoluments in full. Overheads, we have met a good proportion of the overheads. And capital, we have released almost N800 billion in terms of capital to date.”

 

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