Saturday, May 7, 2016

2016 budget: Saraki assures Nigerians of adequate oversight

Senate President, Bukola Saraki has commended Nigerians for their patience while awaiting presidential assent to the 2016 Appropriation Act and promised that the National Assembly will ensure its proper implementation through diligent oversight.

Saraki who joined Speaker Yakubu Dogara and other top government officials in witnessing the signing of the budget into law by President Muhammadu Buhari, said the responsibility is now that of both the executive and the legislature to ensure that the objectives and goals of the budget are duly realized.
He called on ministers, heads of departments and agencies to hit the ground running with the implementation of the various provisions made in the budget so that the expectations of the people can be fulfilled.
“On our own part as members of the National Assembly, we will closely monitor the implementation of the budget by providing effective oversight. We will also ensure that all necessary laws that will aid the transformation of the contents of the budget into practical policies, projects and programmes that will directly have positive impact on Nigerians will be put in place. That is why we have started the amendment of the Public Procurement Act to ensure that a substantial percentage of the money to be spent in the budget are made available to Nigerians through government patronage of Made-in-Nigeria goods and services.”
The Senate President thanked Nigerians for their continued support for the present administration and promised that now that the budget has been signed into law people will start seeing the positive impact on the economy and their standard of living.

Saraki restated the National Assembly’s commitment to early passage of subsequent budgets since the President had promised earlier presentation.

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