FG holds re­treat on eco­nomic re­cov­ery

Daily Trust - - NEWS - By Isi­aka Wak­ili

The Fed­eral Govern­ment yes­ter­day said it will sub­mit the 2018 Ap­pro­pri­a­tion Bill to the Na­tional As­sem­bly by Oc­to­ber.

The Min­is­ter of Bud­get and Na­tional Plan­ning, Udoma Udoma, said this at the Pres­i­den­tial Villa in Abuja af­ter a re­treat on the im­ple­men­ta­tion of the Eco­nomic Re­cov­ery and Growth Plan and the 2018 Bud­get Prepa­ra­tion Process, with the theme “Build­ing Syn­ergy for Ef­fec­tive Eco­nomic Re­cov­ery and Growth Plan Im­ple­men­ta­tion.”

The min­is­ter said govern­ment would soon send the 2018-2020 Medium Term Ex­pen­di­ture Frame­work Fis­cal Strat­egy Pa­per, ap­proved by the Fed­eral Ex­ec­u­tive Coun­cil on Wed­nes­day to the Na­tional As­sem­bly.

“The Na­tional As­sem­bly is on break nearer the time they will re­sume in Septem­ber, but ours is to fol­low the Fis­cal Re­spon­si­bil­ity Act, which has some time­lines and we are try­ing to keep strictly by those time­lines.

“So, the bud­get will get to the Na­tional As­sem­bly by Oc­to­ber that was our com­mit­ment. We will go all out to make that hap­pen, we made a com­mit­ment that we will do that on our part and we in­tend to de­liver on that com­mit­ment. This is a govern­ment that de­liv­ers on its prom­ises,” he said.

The min­is­ter ex­plained that the re­treat was about link­ing the Eco­nomic Re­cov­ery and Growth Plan with the bud­get.

Photo: TETFUND

From left: Chair­man, Na­tional Re­search Fund Screen­ing and Mon­i­tor­ing Com­mit­tee (NRF&MC), Prof. Femi Bamiro; Ex­ec­u­tive Sec­re­tary, Ter­tiary Ed­u­ca­tion Trust Fund (TETFUND), Dr. Ab­dul­lahi B. Baffa; and Vice Chan­cel­lor, Na­tional Open Uni­ver­sity of Nige­ria /Chair­man, Tech­ni­cal Ad­vi­sory Group (TAG), Prof. Ab­dalla Uba Adamu, dur­ing the in­au­gu­ra­tion of NRF&MC and the Tech­ni­cal Ad­vi­sory Group on Book De­vel­op­ment in Abuja, yes­ter­day

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