President Muhammadu Buhari has written the
National Assembly informing them about
important issue concerning 38 government
agencies.
President Muhammadu Buhari has written the
National Assembly to submit the 2016 budgets of
38 of the agencies listed under the Fiscal
Responsible Act, 2007.
National Assembly to submit the 2016 budgets of
38 of the agencies listed under the Fiscal
Responsible Act, 2007.
By the provision of the Act, it is expected to be
laid before the National Assembly three months to
the end of any running financial year.
The Act provides that the budgets of the listed
agencies should be attached to the national budget
and presented to the National Assembly for
consideration and approval each budget year.
He submitted budgets of the Nigerian National
Petroleum Corporation; Central Bank of Nigeria;
Nigerian Customs Service and the Nigerian
Insurance Deposit Corporation.
Althought the 2016 budget had also been passed
before the President’s letter was read by the
Speaker of the House of Representatives, Mr.
Yakubu Dogara, to lawmakers on the floor on
Tuesday.
However, members admitted the letter.
