Fidelity bank banner Bayelsa State banner
Budget: FG to complete all 2016 projects

By News Express on 24/02/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 852

•R-L: Acting President Osinbajo, Senate President Saraki and Speaker Dogara at the meeting/
•R-L: Acting President Osinbajo, Senate President Saraki and Speaker Dogara at the meeting/

The Executive and the National Assembly has reached an agreement to ensure the continuation and completion of 2016 projects that were captured in the appropriation.

The agreement was reached by Acting President, Prof. Yemi Osinbajo: President of the Senate Dr. Abubakar Bukola Saraki: Speaker Yakubu Dogora and the Chairmen of the appropriation committees of both chambers.

The meeting was held at the instance of the Acting President with some members of the cabinet including Minister of Finance, Kemi Adeosun, her counterpart in the Ministry of Budget and National Planning, Udoma Udo Udoma, Director-General of Budget Office and other members of the Economic Team.

Osibanjo who had visited the National Assembly on Tuesday, called for the meeting upon hearing of the flaws of the 2017 appropriation and failure of some heads of MDAs to come and defend their proposed budget.

The Acting President therefore scheduled the meeting so as to proffer solutions to the budgetary issues.

They resolved that all projects contained in the 2016 budget but not yet completed would be completed in 2017.

The two arms of government resolved that none of the projects started in 2016 as captured in last year’s budget must be abandoned in 2017 but must be well funded.

Such key projects would also be recaptured in the 2017 budget so as to avoid extra-budgetary expenditure.

They particularly made reference to the scheduled repair of the tarmac of Nnamdi Azikiwe International Airport scheduled to take-off on March 8 which was not captured in 2016 budget.

Withe the resolutions, projects such as the reconstruction of Lagos-Ibadan expressway, Lokoja – Abuja expressway, the rail projects in different parts of the country, among others, are expected to continue non-stop until they are completed.

Osinbajo appealed to the leadership of the National Assembly for the quick passage of the 2017 budget. (NAN/THD)
  

Source News Express

Posted 24/02/2017 1:25:19 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Selfish leadership responsible for Nigeria’s growth problems, says...

Human traffickers kill 500 migrants by sinking their...

Experts fault CBN's reduction of daily cash withdrawal...

Edo earns bad reputation in migration

COINCIDENCES: Of Goodluck Jonathan and Albert Einstein; Abraham...

77 Boko Haram terrorists throw in the towel,...

Governor Yero raises the alarm over fraudulent text...

BREAKING NEWS: Atiku dumps APC

Erosion sacks 500 residents, destroys 100 houses in...

Britain to shut doors against Nigerian looters, others...

BREAKING NEWS: Irate youths attack Emir of Zaria...

450 IDPs die in Borno . . ....

 

Latest News BREAKING: Again, National Assembly postpones resumption •Extends break till October Osun governorship election null and void — Lawyer APC BOT member storms Atiku’s rally, bags query Osun Guber: PDP rejects INEC’s ‘inconclusive’ declaration INEC fixes date for run-off election in Osun Ekiti PDP aspirants vandalise secretariat, reject alleged imposition by Fayose Konga to invest N2.9bn in Kxpress to resolve e-commerce delivery issues in Nigeria Imo 2019: It’s Madumere or never for APC, says Nze Onuoha Obiano, Obi ‘two of the greatest leaders in Nigeria’ Osinbajo, Ambode lead eminent Nigerians to Lolu Akinwunmi’s book launch Three armed robbers shot dead in Ogun Youth development: Nigeria, country of focus, says U.S.

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (396,665 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (376,824 views) Shameless Genevieve Nnaji exposes breasts in public (308,601 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (250,683 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (232,389 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (221,682 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (200,156 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (181,714 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (165,789 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (163,402 views) Lagos plane crash: Journalist releases victims’ names (158,201 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (146,935 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (63) Business & Economy (3,625) Business Verdict (52) Columnists (933) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (547) Features (652) Global Business Monitor (301) International (2,427) Interview (165) Live Commentary (28) Love Matters (144) News (39,089) Opinion (1,110) Pidgin (11) Politics (6,720) Religion (872) Sports (1,703) Stock Watch (34) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Anthony Joshua vs Alexander Povetkin: Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement