Jul 3, 2018

Nigerian 2018 budget; National Assembly reduces budget drastically

There has been several reports on how the the National Assembly reduced allocations to 4,700 projects of Ministries, Departments and Agencies of the Federal Government to the tune of N347.55bn.
Several parastatals of the Government have been affacted by this new move and the president of Nigeria, Muhammadu Buhari signed the budget last week although with complaints about the new development. The National Assembly budget was increased, also the Senate President according to reports was absent at the signing of the budget.
One may want to doubt and question the credibility of some of the moves of our leaders because the 2019 elections are near and every one is deploying his/her own tactics of winning.

No comments:

Post a Comment