Se­nate moves to re­form bud­get process

Daily Trust - - NEWS - By Ismail Mu­dashir

Se­nate Pres­i­dent, Bukola Saraki, yes­ter­day in­au­gu­rated a com­mit­tee to re­form the coun­try’s bud­get process.

In­au­gu­rat­ing the com­mit­tee which has Se­nate Leader, Ali Ndume as chair­man, Saraki said the Na­tional As­sem­bly would im­ple­ment re­forms that would help open up the bud­get process to greater scru­tiny.

He said the re­forms would cre­ate roadmaps that would lead to the pas­sage and im­ple­men­ta­tion of bud­gets.

“For us in the 8th Na­tional As­sem­bly, we are ready to open a new chap­ter and lay a new foun­da­tion on which an ef­fec­tive bud­get process can be built. This is the task on our hands. The coun­try’s an­nual bud­gets are yet to be fully aligned with our de­vel­op­ment goals from con­cep­tu­al­iza­tion, ap­proval and im­ple­men­ta­tion of our an­nual bud­gets, there is need to con­verge our bud­get­ing to na­tional plan­ning, con­ti­nu­ity and ef­fi­ciency, hence the need to re­visit the process,” he said.

The se­nate pres­i­dent said at the end of com­mit­tee’s as­sign­ment, the se­nate would re­ceive a com­pre­hen­sive bud­get re­form pro­posal that would en­hance pas­sage of a bud­get bill to close the struc­tural and pro­ce­dural gaps that limit trans­parency and ac­count­abil­ity in the bud­get process and fis­cal dis­ci­pline.

Other mem­bers of the com­mit­tee in­clude; Se­na­tor Mo­hammed Dan­juma Goje, Se­na­tor Baba Kaka Garba, Hon. Orker Jev Em­manuel and the Min­is­ter of Bud­get and Na­tional Plan­ning, Se­na­tor Udoma Udo Udoma.

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