Business

Federal Government hopes to begin 2017 budget implementation Jan 1

Federal Government hopes to begin 2017 budget implementation Jan 1

If things go as planned, the 2017 Federal budget will be implemented from January 1 2017, the Presidency has said.

The Presidency also disclosed on Friday that it has put in place all it needs to achieve its set goals and targets.

According to the Senior Special Assistant to the President on National Assembly Matters, Senator Ita Enang, the Presidency, would ensure that the implementation of the 2017 budget commenced at the chosen date and that government would ensure that the 2017 Appropriation Bill would be presented to the National Assembly before the end of 2016 to enable the lawmakers look at the document and subsequently pass it for Presidential asset.

Read also: Nigeria reduces crude price by 1.5%, may incur OPEC anger

Ita Enang stated this while addressing journalists on Friday in Abuja.

According to him, as a prelude to the presentation of the 2017 Appropriation Bill, the President had already forwarded the 2017, 2018 and 2019 Medium Term Expenditure Framework, MTEF and Fiscal Strategy Paper, FSP, to the National Assembly for consideration and subsequent approval.

By Timothy Enietan-Matthews….

RipplesNigeria …without borders, without fears

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

Join the conversation

Opinions

About the author

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

Do NOT follow this link or you will be banned from the site!