[Abuja] The Nigerian Senate has said that the 2017 national budget may be passed before May 2017, as they disclosed that the lifespan of the 2016 budget would end on May 5, 2017.
The Chairman, Senate Committee on Appropriations, Danjuma Goje, said this to journalists at the National Assembly on Monday in Abuja.
The Appropriations Committee chairman warned heads of Ministries, Departments and Agencies (MDAs) to desist from the practice of “mopping up” of funds at the end of March 2017, stating that there was no reason for that.
He explained: “Last year, when we were producing this 2016 Appropriation Bill, we realized that at the end of each year, there were usually requests for an extension of the budget from the executive. To avoid that, we decided to incorporate this new thing.
“In the 2016 Appropriation Act, which President Muhammadu Buhari signed into law, clause 11 of it says that “in line with the provisions of Section 318 of the Constitution of the Federal Republic of Nigeria 1999, as amended, this bill will run for a period of 12 months, starting from the day it is assented into law.
“President Buhari signed this bill into law on the 6th of May, 2016. This means this budget will run from that date up to the midnight of 5th of May, 2017. Unless of course if the Act is amended or altered as deemed fit by the National Assembly.
“As far as the law is concerned, there is no need for any extension or mop up by Ministries, Departments and Agencies (MDAs). The mop they usually do will now be illegal. Except the National Assembly, in conjunction with the executive, amend this law, this is the position of the 2016 budget.
“We do not have to extend the 2016 budget. If May comes and there is need to extend, then we can do otherwise. I believe before that date, the 2017 budget will be passed.
“For now, this is the position of the law.”Please Follow Us @ThePageNg