4.3 C
New York
Thursday, April 25, 2024
HomeNewsAfricaBudget 2016: FG insists 100% implementation still possible

Budget 2016: FG insists 100% implementation still possible

The Federal Government said on Saturday that it has not ruled out the 100 per cent implementation of the 2016 budget signed on Friday by President Muhammadu Buhari.
The Minister of Budget and National Planning, Senator Udo Udoma, gave the assurance in a statement issued by Akpandem James, his Media Adviser.

Udoma in the statement debunked some newspapers reports credited to him that full implementation of the 2016 budget had been ruled out.

He said: “The Federal Government aims, and will be working, to achieve 100 per cent implementation of the 2016 budget in spite of the late signing of the 2016 Appropriation Bill.
“This clarification becomes necessary to clear the misrepresentation by some newspapers that full implementation of the budget has been ruled out because of the late start.”

Udoma explained, while responding to questions from State House correspondents on Friday, that he had “conceded that the late approval might constrain full implementation of the budget”.

Advertisements

The minister, however, said he had, at the same time, said: “The Federal Government intends to still try its best to achieve 100 per cent implementation.”

According to him, at no time did he rule out the possibility of full implementation as indicated by one or two newspapers.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari