President Muhammadu Buhari will next week present the budget estimates for the 2021 fiscal year to a joint session of the upper and lower chambers of the National Assembly.
Senate President Ahmed Lawan Made this Assertion while welcoming the senate after their two months break
Lawan said a report by the joint committee on finance and national planning on the medium-term expenditure framework (MTEF) and fiscal strategy paper (FSP) will also be considered and passed.
“This is a precursor to the presentation of the 2021 budget estimates by the executive arm of government soon.
“I am aware that the Executive will be presenting the 2021 budget estimates by next week,” he said.
Lawan said on Tuesday the National Assembly will provide a one-month window for ministries, departments and agencies (MDA) to defend their budget estimates before the relevant legislative committees.
November and December, he said, will be dedicated to the internal processing of the budget.
“The various MDAs are therefore advised to ensure that they avail themselves the opportunity of the budget defense window to appear with all the relevant and necessary information to defend their budget estimates,” he said.
Lawan praised the Joint committee who, despite the recess, engaged with the Federal Ministry of Finance, Budget and National Planning on the MTF/FSP.
The lawmaker said the committee interacted with over 300 MDAs over the issues of revenue generation and remittances to the Federal Government.
He said, “I also commend our various committees for undertaking oversights during the recess.
“These oversights are necessary activities of this Senate to ensure that the Executive implements government programmes and projects with efficiency and effectiveness.”
The Senate President also commended the Presidential Task Force on COVID-19 and health workers for the management of the health crisis that has rocked the world
He applauded lawmakers for donating 50% of their salaries to the national effort to contain the outbreak of the disease that has infected over 33.6 million people and killed over one million globally.
(C) Control TV 2020.
