Views: 639 Posts: 0 Started By: CeeGeek Last Poster: CeeGeek Last Post Date: Apr 11, 2016
April 11, 2016 ( Post 1 )

Apparently disappointed with the drastic reduction of budgetary allocation to capital projects in the 2016 budget estimates, President Muhammadu Buhari and his vice, Yemi Osinbajo had met with the senate president, Dr. Bukola Saraki and the speaker of the House of Representatives, Mr Yakubu Dogara.

The meeting, Vanguard exclusively gathered held, Saturday night, at the presidential villa with the participation of some ministers.

The meeting was to find a ruse on some proposals in the budget that were either drastically reduced, transferred or expunged.

Another subject that featured prominently for evaluation in the meeting was whether the presidency was returning the document back to National Assembly to be reworked or in due course of its implementation, send a Supplementary Bill to the parliament.

It will be recalled that the presidency on Friday held an emergency meeting of the Federal Executive Council, FEC to review the details of the budget submitted by the National Assembly on Thursday.

To this end, the Ministers were mandated to review the budget vis-a-vis their original submissions

A presidency source told Vanguard in confidence that President Buhari was in haste to assent to the budget even before he traveled to China, but new findings in the budget indicated that it was not implemented.

The source stated that though he was not particularly privy to the Saturday meeting, it was sure that there had been some form of communication between the presidency and the national in trying to find a meeting point on the budget.

“There has been some communication between presidency and the National Assembly. I don’t know of any specific meeting at any specific time. But I know there should be some form of communication between both arms of government to rectify things.

“To tell you the truth, the president is in a haste to sign the budget into law as soon as possible”, he said.

Source: Vanguard

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