Blame executive for 2016 budget delay — Reps
THE House of Representatives, yesterday, berated the executive arm of government for hampering early passage of the 2016 budget and promised to reconcile discrepancies in figures within one week to ensure that the budget is passed second week of March. The House Committee on Appropriation will meet with the Minister of Finance and that of the Budget and National Planning next Thursday to reconcile all areas of differences. This is just as the House Committee on Finance disclosed that the sum of N777.2 billion was recovered during the reconciliation of the subsidy payment last year. Chairman of the Finance Committee, Rep Babangida Ibrahim gave the hint during the presentation of budget report from the Revenue Mobilisation, Allocation and Fiscal Commission, RMFAC, Accountant -General of the Federation and Fiscal Responsibility Commission. He also requested for additional sum of N118 million for personnel cost of the RMFAC, which was cut down by the Federal Ministry of ...