Friday 6 May 2016

2016 Budget: Saraki promises effective oversight

Sequel to the signing of the 2016 Appropriation Bill into law, the Senate President Bukola Saraki on Friday, promised Nigerians that the legislative arm of government will ensure proper implementation of the act through diligent oversight. 

The Senate President also commended Nigerians for their patience while awaiting presidential assent to the 2016 Appropriation Act. 

He stated that the executive and legislature had a duty to ensure that the objectives and goals of the budget are duly realised.

He called on ministers, heads of departments and agencies to begin implementation of the various provisions made in the budget so that the expectations of the people can be fulfilled.

He said, “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.”

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