The Nigeria Employers Consultative Association, NECA, has decried the delay in signing and implementing the 2016 budget, lamenting that the situation is already presenting the country in bad light internationally.
The Director-General of NECA, Segun Oshinowo stated this in an interview with journalists after the Acting Managing Director of Nigerian Social Insurance Trust Fund, NSITF, Ismail Agaka, visited him in his office.
Continuing, the NECA DG said the impasse the non-passage of the 2016 appropriation bill has caused was an indictment on Nigerians as a people.
“The inability of the National Assembly and executive to produce the 2016 budget is saying something silently loud about our country. I think it is shameful that there is no budget four months into the year”, he said.
Oshinowo lamented the delay in resolving the controversy on the 2016 budget wondering why those responsible with the drafting and passing the budget would not complete and pass budget before the beginning of any fiscal year.
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