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Wednesday, March 21, 2018

Buhari gives agencies, parastatals, others till Friday to submit budget details to NASS

Agencies, parastatals and government-owned companies have been given till Friday this week to submit the details of their 2018 budget to the National Assembly.

The order was given by President Muhammadu Buhari who also directed heads of the agencies to honour invitation from the lawmakers to defend their budgets without further delay.
The Secretary to the Government of the Federation, SGF, Boss Mustapha, conveyed the President’s directive in a circular dated March 19, 2018, a copy of which was made available to journalists in Abuja on Tuesday.
The SGF noted that the government was aware that the agencies had not fully complied with the provisions of Section 21 of the Fiscal Responsibility Act 2007.
He reminded the agencies that “the FRA 2007 provides that consequent upon laying of summary of budget estimates of agencies listed on the schedule to the FRA alongside the National Budget by the President, it is required that details of such budgets are made available to the National Assembly for consideration and passage.
“Mr. President has directed that agencies, corporations and government-owned companies on the schedule of the FRA 2007 to comply with the provisions of the law.
“All submissions (109 copies to the Senate and 360 copies to the House) should be made available to the appropriate committees of the National Assembly.
“Copies should also be made available to the SSAP on National Assembly Matters (Senate and House of Representatives), not later than Friday, March 23, 2018.
“All agencies, corporations and government-owned companies should honour invitation to defend their estimates.
“Supervising ministers are enjoined to ensure timely compliance with the content of this circular.”

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