The Chairman, House of Representatives Committee on Media and Public Affairs, Abdulrazak Namdas on Sunday insisted that the N6.07tn proposed 2016 budget would not be altered.
Speaking in Abuja, Namdas said, “No, we will pass the budget size of N6.07tn.”
Namdas explained that all National Assembly committees needed to do was to move funds around within the various sub-heads while still retaining the total figure. He stated that there were funds located in certain sub-heads where they were not needed.
According to Namdas, there were sub-heads where such funds would be useful but they were starved of money.
“Thus, in cleaning up the budget, these are the considerations that will come up.
“The committees are busy working; we want to allocate resources to where they will be needed.
“The provisions in the budget will no longer be the same by the time the document leaves the National Assembly; money will go to where it is needed, though we will retain N6.07tn,” Namdas said.
N6.07 Trillion 2016 Budget Will Not Be Reduced or Inflated – Reps – https://t.co/ndzcXPD2Gq … —
RT @BizWatchNigeria: N6.07 Trillion 2016 Budget Will Not Be Reduced or Inflated – Reps – https://t.co/ndzcXPD2Gq … —
RT @BizWatchNigeria: N6.07 Trillion 2016 Budget Will Not Be Reduced or Inflated – Reps – https://t.co/ndzcXPD2Gq … —