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Nigerian Senate bemoans delay in passage of 2016 Budget

bycitibusinessnews
April 26, 2016
in Africa, West Africa
Share on FacebookShare on TwitterShare on Whatsapp

A former President of the Senate, Ken Nnamani, on Monday frowned at the delay in the passage of the 2016 Budget by the National Assembly and assent by the executive arm of government, asking the latter to be conscientious in resolving the impasse.

Mr. Nnamani, who was answering questions from State House correspondents in Abuja, said the two arms of government must find a quick solution to the budget impasse.

According to him, time is running out and something must be done urgently to ensure the passage of the budget as quickly as possible.

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“Budget is an area where we practice what we call co-management between the National Assembly and the executive branch of government.

“Both of them co-manage the economy through the budget.

“It is a peculiar area, both of them will have to cooperate and collaborate for a proper budget to be passed and once it is passed, it becomes law.

“So as it stands today the situation is such that the National Assembly has to do what is called introspection.

“How did we get to where we are now?

“The year is running out and we are still talking about 2016 budget. Where is the fault from?

“Wherever it is coming from, both the executive branch and the legislature must find a quick solution to it.

“It does nobody good to drag it any longer,” he added.

(NAN)

–

Credit: All Africa

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