The federal government has let Nigerians into some of the
details of the 2017 budget during a retreat for ministers and some of heads of
agencies in Abuja on Thursday, September 15.
The 2017 budget contains details that will boost the economy
and get the country out of recession.
The News Agency of Nigeria (NAN) reports
that the budget, which has already been approved by the Federal Executive
Council (FEC) but has not yet been presented to the national assembly, is
focusing largely on pumping funds into capital projects to get the economy
running again.
President buhari delivering his address at the
anti-recession retreat in Abuja.
“The government is trying to align the budget to the reality
on ground and on how to pump money into the economy, especially on capital
project. “The government believes that pumping money into more capital project
would generate employment and boost the economy,” NAN wrote.
According to NAN, the retreat is aimed at helping the
government stakeholders understand how the 2017 budget will run and familiarise
themselves with the process. The retreat, it reports, will help set the tone
for “prioritizing projects and programmes of ministries to fit into the
2017-2019 MTSS, 2017-2020 Medium Term Plan and 2017 Budget” and “also improve
understanding on Budget ceiling for MDAs for 2017 Budget.”
President Buhari addressng cross-section of government
stakeholders at the anti-recession retreat. Photo: NAN
It also quoted Akpandem James, media adviser to the budget
minister, Sen. Udoma Udo Udoma as saying that the key objective of the retreat
is to discuss the 2017 Budget and steps being taken to get the economy out of
recession. “It will provide an opportunity to discuss the framework of the 2017
Budget, the key priorities and the deliverables of the budget.
“The retreat is expected to deliver improved understanding
of the measures being taken to get the country out of recession; improve
synergy among the various ministries for enhanced implementation of planning
and budget,’’Akpandem said.
Buhari with Frank Nweke jr, the facilitator of the 2017
budget retreat. Photo: NAN
The retreat was facilitated by former minister of
information and DG of Nigerian Economic Summit Group, Frank Nweke (jr) and the
ministry of budget and national planning “to set the right parameters and
fine-tune the 2017 Budget”. It was held at the Banquet Hall of the State House,
Abuja and was chaired by President Muhammadu Buhari and vice president, Yemi
Osinbajo.
By Naij.com
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