.jpg)
– President Muhammadu Buhari has written to the National Assembly seeking adjustments to some line items in the 2016 budget to address financial urgencies
– Mr Buhari listed security, intervention programs, education and services as areas which needs urgent injection of funds
Buhari presenting the 2016 budget proposal to the National Assembly
Nigeria’s President Muhammadu Buhari has written to the National Assembly seeking adjustments to some line items in the 2016 budget to address financial urgencies.
According to a report by Premium Times, Mr Buhari is seeking seeks a total N180.8 billion in virement for line items in both capital and recurrent expenditures following renewed militant activities in the Niger-Delta.
READ ALSO: Unleash terror and see what will happen to you, Fayose tells Fulani herdsmen
Mr Buhari listed security, intervention programs, education and services as areas which needs urgent injection of funds.
He added that there was no point allowing funds to lay idle in some agencies while activities are grounded in others due to financial shortfalls.
The Buhari administration had been grappling with low internal revenues for several months amid an economic recession.
The post JUST IN: Buhari writes National Assembly over 2016 budget appeared first on Nigeria News today & Breaking news | Read Naij.com 24/7.
Post A Comment:
0 comments:
We’re eager to see your comment. However, Please keep in mind that all comments are moderated according to our Comment Policy and all the links are nofollow. Using keywords in the name field area is forbidden.
Comment Using Either Disqus or Default Comment Mode.