No Padding in 2017 Budget – Director-General of Budget Office

by on February 27, 2017
Despite various alle­gations of padding in the 2017 Budget, the Director-General of Budget Office of the Fed­eration, Mr Ben Akabueze, has insisted that there is no issue of padding associated with this year’s budget pro­posal.
He also disclosed that the Bureau for Public Procure­ment (BPP) is updating its price list which will be structured into the budget preparation application to make it impossible for dif­ferent agencies to use dif­ferent prices for same items in the budget.
Akabuezee who stated this at media briefing on the 2017 budget proposal stressed that an item may reoccur in another year’s budget if financial provi­sions were not made for it even though it appeared in the previous year.
“I can say without equivocation that there is no padding in the 2017 Budget proposal. The pro­cess of preparing the 2017 Budget required MDAs to upload their budgets on­line by their accredited officers who were issued access codes to ensure an audit trail of all entries. The chief executive and chief accounting officers of all MDAs were required to certify their final budget in­puts. The budget presented to the National Assembly by Mr President was ex­actly what the MDAs cer­tified.
“It is not a secret that for a long time now, the FGN has not been able to fully implement its annual bud­get, especially the capital expenditure component. It should be noted that capital budget implementa­tion depends on resources availability. As such MDAs,’ budgetary provisions not fully funded in the 2016 budget will be repeated in the 2017 budget.
“Differential prices for same items is a valid con­cern which we ourselves are working to address. Going forward, BBP and Budget Office Federation will work collaboratively to ensure timely review of price lists. When it comes to construc­tion projects, including the VIP toilets, it should be noted however that it is possible for different rates to apply depending on the physical terrain and secu­rity situation”, he stated.

READ  6000 Igbo Youths Killed by FG - Campaign for De­mocracy
Be the first to comment!
Leave a reply »


Leave a Response