Sanni Onogu, Abuja
Barely 48 hours after the 2020 Appropriation Bill was passed by both chambers of the National Assembly the Senate and the executive have commenced a partnership that would lead to a more participatory, inclusive and early presentation and passage of the 2021 budget.
The Chairman Senate Committee on National Planning and Economic Affairs, Senator Olubunmi Adetunmbi (APC, Ekiti North), who disclosed this at a press conference in Abuja, said the collaboration would commence at a retreat between the committee and the Federal Ministry of Finance, Budget and National Planning in Abuja on Monday.
Senator Adetunmbi said the partnership would serve as the required compass for yearly budgeting and implementation.
He said: “The retreat is designed among others, to develop and build consensus, explore opportunities for technical support, capacity building, and share best practices targetted at facilitating a return to plan-based budgeting in Nigeria.