Poor budget implementation sabotaging key public institutions – Senator Kyari

Chairman, Senate Committee on Federal Capital Territory (FCT), Senator Abubakar Kyari, has bemoaned poor budget implementation over the years, saying, it has sabotaged key public institutions in Nigeria.

The lawmaker observed that, this sad development has led, unfortunately, to steady increase in the cost of doing business in Nigeria in the last 17 years.

Speaking on Friday at the public hearing of the joint session of committees of the National Assembly on FCT, on the FCT 2020 statutory budget, held in Abuja, Kyari noted that the effect of poor budget implementation, “apart from scaring away foreign investors, several multinational companies have either relocated to neighboring countries or contemplating doing so”.

“Nigeria is painfully missing several opportunities of…

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