Wednesday, 10 February 2016

NASS:2016 Budget can't be passed on the stated date>>>>

The National Assembly yesterday declared that the 2016 is full of errors and can not be passed on
February 25 as earlier scheduled. President Buhari presented N6.08trn 2016 budget to NASS.
This came on a day the Senate Committee on Gas Resources rejected the N200 million allocation demanded by the Federal Ministry of Petroleum Resources in the budget for the treatment of Petroleum Industry Bill, PIB, and another N200 million for a review of Nigeria Gas Master Plan
Budget can’t be ready Feb 25 – N/Assembly>>> However, Goje, Jibrin Chairman, Senate Committee on Appropriation has stated that the Budget cannot be passed, giving the reasons that there too many errors on it. He also noted that the Presidency had admitted that there were errors in the budget. Calling on Buhari, Governor Ayodele Fayose of Ekiti State urged, it would be advisable to formally withdraw and re-presenting the 2016 budget in order to save the country from National embarrassment.

 According to Goje, Jibrin, who said "We are here in connection with the ongoing processing of the 2016 Budget because these two committees are the ones saddled with the production of the final copies of the budget that would be passed by the National Assembly for onward submission to Mr President for his assent and subsequent implementation. “We want to remove all ambiguities, we want to remove all paddings. We want to produce a budget that is in line with the constitutional provision".

 He also said that there are lots of issues sourounding the 2016 budget and the appropriation committee would look at these issues after the whole budget defence and do a very thorough work aimed at doing a proper clean-up of the budget. “So in summary, the time-table for passage of the budget is no longer realistic because as appropriation committees of both chambers of the National Assembly, we need additional time to do a thorough job for the 2016 budget.

 Also the House Chairman on Appropriation Committee, Abdulmumin, said the two committees would have to do a proper clean up of the budget.
The Senate Committee on Gas Resources also yesterday, rejected the N200 million demanded in the budget by the Federal Ministry of Petroleum Resources for treatment of the Petroleum Industry Bill, PIB. The committee also rejected request for allocation of additional N200 million for a review of the Nigeria Gas Master Plan>>>>>>