OrderPaperToday – President Mohammadu Buhari has cautioned against inserting extraneous projects into the 2021 budget estimates he submitted to the National Assembly on Thursday.
Making a budget speech tagged “Budget of Economic Recovery and Resilience,” the President specifically warned against overloading the budget with “unimplementable projects.”
Insertion of projects into the budget is a controversial practice otherwise referred to as ‘budget padding’ and often occurs during legislative consideration and approval.
“Let me re-emphasize that Nigerians expect that the the 2021 budget, will contain only implementable and critical projects, which when completed, will significantly address current structural challenges of the economy”, Buhari said in his speech.
The President however commended the National Assembly for its “tremendous efforts in approving the revision of the 2020 – 2022 Medium-Term Expenditure Framework and Fiscal Strategy Paper, and passage of the 2020 Appropriation (Repeal and Amendment) Act, in response to the Coronavirus Pandemic”.
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