By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The CapitalThe CapitalThe Capital
Notification Show More
Font ResizerAa
  • Home
  • News
    • Featured
      • Featured Profile
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Reading: National Assembly to pass 2016 budget March 17
Share
Font ResizerAa
The CapitalThe Capital
  • Home
  • News
  • Business
  • Politics
  • International
  • Entertainment
  • Lifestyle
  • Opinion
  • Sports
Search
  • Home
  • News
    • Featured
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Have an existing account? Sign In
Follow US
News

National Assembly to pass 2016 budget March 17

March 3, 2016 6:49 am
The Capital
Share
SHARE

The Joint Committees of the Senate and House of Representatives on Appropriations on Wednesday assured Nigerians that the N6.08tn for this year budget would be passed on March 17, 2016.

The committees stated that the final report on the appropriation bill would be laid on the floor of both chambers of the National Assembly on March 16 for consideration and subsequent passage the following day.

Both panels had earlier said that the February 25 date for the passage of the budget was no longer realistic due to errors and padding.

However, at a joint press conference in Abuja Wednesday, the Chairman, Senate Committee on Appropriations, Senator Danjuma Goje, and his counterpart in the House of Representatives, Abdulmumin Jibrin, gave an assurance that this year’s budget would be passed on March 17.

Specifically, Goje said that both committees would meet critical stakeholders, including the Minister of Finance, Kemi Adeosun; Minister of Budget and National Planning, Udo Udoma; Governor of the Central Bank of Nigeria, Godwin Emefiele; Accountant-General of the Federation; and Director, Budget Office of the Federation on Thursday.

He said the committees and the invited officials would seize the opportunity of the meeting to address grey areas observed in the budget.

Goje said, “Tomorrow (Thursday), we are going to have a discussion with the Minister of Budget and Planning, Minister of Finance, Governor of the Central Bank of Nigeria and the Accountant-General of the Federation.

“The same thing with the Senate; we are also going to engage these people. We are going to engage other ministers to ensure that as much as possible, we align this budget to satisfy the needs of Nigerians.

See also  EFCC chair, Magu, evades questions on Buratai’s Dubai houses

“We may not be 100 per cent right, but we will try to get it right because the basic thing is to ensure that we produce a budget that will translate into the betterment of the lives of Nigerians.”

When asked if both legislative chambers would conclude the consideration of the bulky submissions of all the Ministries, Departments and Agencies of the government within the four hours of sitting as promised, Jibrin explained that the lawmakers were already familiar with the details of the budget.

He explained that the budgets of all the MDAs had been submitted.

Jibrin added that the Minister of Petroleum Resources, Ibe Kachikwu, who earlier failed to present his ministry’s budget due to official engagements, did so on Tuesday behind closed doors.

On the non-appearance of Kachikwu, Jibrin reversed the committee’s threat to take over the budget of the ministry and other standing committees, which failed to meet the deadline for the submission of the budgets of the various MDAs.

You Might Also Like

TRAGEDY: Plane With 55 Passengers On Board Crashes [VIDEO]
Everybody’s Sweetheart…Ogun Rises For Dapo Abiodun, APC
PDP alleges fresh plot to arrest Saraki, Ekweremadu
Patience is a Virtue…After Many Years of Political Ill-Luck, Senator Mamora’s Prayer is Eventually Answered
Traditionalists In Osun Break Silence Over COAS Lagbaja’s Death, Says It is Not Natural, Spirit Can Be Invoked For Revenge
Share This Article
Facebook Email Print

BREAKING: EFCC Arrests Buhari’s Former Minister From His Hiding Place

The Economic and Financial Crimes Commission (EFCC) has arrested a former Minister…

FULL LIST: 47 Disqualified Senatorial Aspirants

The All Progressives Congress (APC) on Monday released the list of senatorial…

JUST IN: NDC Finally Names Presidential Aspirant for 2027 Election

Peter Obi, the former presidential candidate of the Labour Party, has been…

Tension in Kano as Gov Yusuf Sends Warning to Kwankwaso

Governor Abba Kabir Yusuf of Kano State has issued a stern warning…

APC Make U-Turn On Senatorial Primaries List

The All Progressives Congress has made a u-turn on its earlier list…

Follow US

Find US on Social Medias
FacebookLike
XFollow
TelegramFollow
WhatsAppFollow

You Might Also Like

Court Grants Melaye Bail On Ground Of Ill-health

January 18, 2019

BREAKING: 12 EFCC Directors Suspended

July 15, 2020

Why Nigerians will no longer pay for Voice calls, SMS by 2019 – Venn

February 11, 2016

Sagay Faults Lawan, Says Senators Earn N15m Monthly

June 27, 2019

Categories

  • News
  • Homepage
  • Business
  • Politics
  • Top News
  • Highlife
  • Entertainment
  • Sports
  • Lifestyle
  • Inside Boardroom

About The Capital

We deliver premium coverage of business, politics, lifestyle, entertainment, and society stories shaping Nigeria and beyond. Through credible reporting, insightful features, and engaging digital storytelling, we keep readers informed on the people, trends, events, and conversations driving modern culture and public discourse.
Quick Links
  • About
  • Advertise
  • Contact

Connect with us on Social Media

Facebook X-twitter Whatsapp Envelope

Send us email: [email protected]

© thecapital.ng. All Rights Reserved. Designed by Semasir Connect.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?