The Minister of Budget and National Planning, Udoma Udo Udoma (Senator) has commended the Nigerian National Assembly for passing to law the 2016 budget on Wednesday March 23, 2016. He was particularly pleased that the Legislature kept the budget within the amount proposed by the Executive, especially as the fiscal deficit was not increased.
“I wish to commend the National Assembly for passing the 2016 budget today. I am particularly pleased that they have kept the budget within the amount the Executive proposed and the fiscal deficit has not been increased,” the Minister said.
“On Tuesday March 22 2016, the report on the harmonized budget was laid before the Senate by both chambers of the Assembly and the Appropriation Bill was eventually passed into law on Wednesday.”