Buhari signs 2019 budget, says adjustment will affect smooth implementation

Buhari signs 2019 budget, says adjustment will affect smooth implementation

- President Buhari has said adjustments to the 2019 budget by the National Assembly may affect its smooth implementation

- The lawmakers added about N90 billion to the N8.83 trillion Buhari submitted to the legislature.

- The president said he intends to engage the National Assembly to ensure his government delivers on its promises

President Muhammadu Buhari, who on Monday, May 27, signed the 2019 appropriation bill of N8.92 trillion into law, said adjustment of the budget by the National Assembly may affect its smooth implementation.

Speaking at the event which took place at the president’s mini-conference room, Presidential Villa, Abuja, President Buhari said the addition of about N90 billion to the N8.83trillion he submitted to the legislature would make it difficult for government to realise its set objectives.

News Agency of Nigeria (NAN) reports that he, however, stated that the executive arm of government would dialogue with the forthcoming ninth National Assembly so as to make life much better for Nigerians.

READ ALSO: I have informed President Buhari I don’t want to return to his cabinet - Minister

He said: “Of course, some of these changes will adversely impact our programmes making it difficult for us to achieve the objectives of the Economic Recovery and Growth Plan.

“Although I will be signing this bill, it is my intention to engage the National Assembly to ensure we deliver on our promises. I will therefore be engaging with the leadership of the 9th National Assembly as soon as they emerge to address some of our concerns with the budget.’’

According to the president, his administration will look at how to improve the budget process in order to speed up its consideration as well as return the country to the January to December fiscal year timetable.

READ ALSO: NAIJ.com upgrades to Legit.ng: a letter from our Editor-in-Chief Bayo Olupohunda

He appreciated the ministers of budget and national planning, finance, the budget office of the federation and all other stakeholders that played key roles in producing the document.

President Buhari also lauded the leadership and members of the National Assembly for the efforts they put in passing the 2019 appropriation bill.

Recall that Legit.ng reported that President Buhari on Monday, May 27, in Abuja signed the 2019 budget into law.

The National Assembly had earlier passed the 2019 Budget of N8.92trn, as against N8.83trn presented by President Buhari on December 18, 2018. The increase of N90bn in the budget was to cater for security challenges in the country, packages for lawmakers and support for Zamfara state.

NAIJ.com (naija.ng) -> Legit.ng We have upgraded to serve you better.

Nigeria News 2018: Nigerians Blow Hot as President Buhari Signs 2018 Budget in June | Legit TV:

Source: Legit.ng

Mailfire view pixel