President Buhari seeks passage of 2016 budgets of thirty-eight government agencies
Written by Morenike Adebayo on July 13, 2016
President Muhammadu Buhari has requested the House of Representatives to expedite action on the passage of 2016 budget proposal for thirty-eight federal government agencies and corporations to enable them execute their mandates effectively.
The President’s request is contained in a letter addressed to the Speaker, Yakubu Dogara, which was read on the floor of the House on Tuesday in Abuja.
In the letter, President Buhari specifically sought the House’s approval for the 2016 budget proposals of the Nigerian National Petroleum Corporation (NNPC), Federal Inland Revenue Service (FIRS), Oil and Gas Free Zones Authority and Nigeria Nuclear Regulatory Authority.
Others include Nigerian Ports Authority, National Maritime Authority, Nigerian Shippers Council, Federal Airports Authority of Nigeria among others.
The President’s letter, in compliance with the Fiscal Responsibility Act, 2007, however noted that budgets of agencies and corporations that had been privatized or otherwise ceased to exist were not included in the proposal.