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President Buhari’s Speech at Signing of 2016 Budget

by on May 6, 2016

1. It gives me great pleasure today to sign the first full-year budget of this administration into law. I thank the leadership of the National Assembly, in particular, the Senate President and the Speaker of the House of Representatives, and indeed all members of the National Assembly for their cooperation in making this a reality.

2. The budget is intended to signpost a renewal of our commitment to restoring the budget as a serious article of faith with the Nigerian people. This Administration is committed to ensuring that henceforth the annual appropriation bill is presented to the National Assembly in time for the passage of the Act before the beginning of the fiscal year.

3. Through the 2016 budget, aptly titled “Budget of Change’’, the government seeks to fulfill its own side of the social contract. The Budget I have signed into law provides for aggregate expenditures of N6.06trn. Further details of the approved budget, as well as our Strategic Implementation Plan for the 2016 budget, will be provided by the Honourable Minister of Budget and National Planning.

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  • Emmanuel
    May 6, 2016 at 5:48 pm

    Comment…I think I’ve faith in Buhari and his government and I trust his sincerity of purpose. What the president needs to do in order to win the confidence of most Nigerians is to treat all sections of the country with equal passion and commitment so as to dispel any suspicion of ethnic or religious bias. Now that the budget has been signed the Nigerian people want the ministers to move without further delay to ensure selfless implementation so that in no distant future its effect will be felt in the living condition of Nigerians. This is the time for Fashola to begin to replicate his magical performance as Lagos State governor that encouraged the President to hang three important ministries on his neck. Nigerians have virtually been in darkness for the past three months; they want to experience a significant improvement in electric power supply now!


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