‘Delay In 2016 Budget Presentation To NASS Sign Of Buhari’s Unpreparedness For Governance’
President Muhammadu Buhari’s failure to prepare and present the 2016 budget to the National Assembly, less than two months to the end of 2015 is an indication of his unpreparedness for governance, the Centre for Social Justice, CSJ, has said.
The CSJ said going by the provisions of the Fiscal Responsibility Commission Act, 2007, the reviewed Medium Term Economic Framework, MTEF, and the 2016 budget should by now have been approved by the National Assembly.
The Executive Director of the centre, Mr. Eze Onyekpere, stated this yesterday during a round-table meeting on Budget Transparency and Public Engagement in Budget Process, following the release of the Open Budget Survey 2015, in Abuja.
“Right now, we don’t have the MTEF to underpin the budget and we don’t have the budget. The implication is that the budget is going to be presented very late and it may not be ready until the end of the first quarter of 2016, which has been the usual tradition. The implications are not funny for the administration of the Nigerian people”, Mr. Onyekpere said.
According to him, the delay in the 2016 budget presentation to the National Assembly means that capital expenditure will be delayed and by the time it is eventually approved in March, April or May, the purpose would have been defeated as the raining season would have started and all outdoor constructions will be put on hold.
“So we are continuing the cycle of poor capital budget implementation and of course that would mean addressing less of the needs of the Nigerian people who are suffering infrastructure deficit and also attending to less of the poor because the majority of Nigerians are poor and the budget is expected to address their needs”, the CSJ boss noted.