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Government & Politics

President Buhari, Others Meet Over 2016 Budget

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President Muhammadu Buhari on Monday met behind closed door with former Senate President, Ken Nnamani as well as former Speaker of the House of Representatives, Bello Masari, as part of initiatives to find a lasting solution for the 2016 Budget.

Lots of grey agreas in the 2016 Budget had actually prevented Buhari from authorizing the appropriation bill into law.

Speaking with State House correspondents at the end of the meeting, Senator Ken Nnamani said what he suggested to President Buhari is to find a good way out of the Budget impasse.

The former Senate president said that he believed that what he suggested is being studied by the President.

He said: “The issue on budget, well budget is an area where we practice what we call co-management between the National Assembly and the executive branch of government. Both of them co-manage the economy through the budget. Both of them will have to cooperate and collaborate for a proper budget to be passed and once it is passed, it becomes law.

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“So as it stands today the situation is such that the National Assembly has to do what is called introspection, that how did we get to where we are now? The year is running out and we are still talking about 2016 budget, where is the fault from?

“Wherever it is coming from, both the executive branch and the legislature must find a quick solution to it. It does nobody good to drag it any longer, remember it is an area of co-management. It is not left to the executive alone, it is not left to the National Assembly alone, there has to be collaboration.

“I think he stands to reason, what I suggested is being studied. I think it is appropriate.”



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