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Nat’l Assembly may pass 2017 budget on Thursday
The much-awaited report of the 2017 Appropriation Bill (budget), may be laid before the Senate in plenary on Thursday and possibly passed into law, Ripples Nigeria gathered on Wednesday evening.
There are apprehensions of a possible shutdown if the budget is not passed tomorrow (THursday), but Senate sources say that the fears are unnecessary.
According to the sources, President Muhammadu Buhari still has a window of six months to draw from the 2016 budget to fund recurrent expenditures if the 2017 budget is not passed and assented to before May 5th, 2017.
President Buhari assented to the current 2017 budget on May 6th, 2016. The implication is that the 2016 budget has a circle of May 6th, 2016 to May 5th, 2017.
Read also: NASS queries FG over N1.12tr IGR shortfall in 2016 budget
Chairman, Senate Committee on Appropriation, Senator Danjuma Goje, had assured that the 2017 budget would be passed before the expiration of the 2016 budget.
However, Goje told the Senate last week that police operatives who raided his home on April 20, 2017 carted away documents connected to the 2017 budget.
He noted that the action of the police made it difficult for his committee to continue work on the budget.
The police, which immediately returned all the documents and cash they took from Goje’s residence, denied carting away budget documents from Goje’s home.
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