Early Passage And Signing Of 2020 Budget Is a Good Sign Of Development – BMO

Posted by: Folamidavid in Politics, News Dec 17, 2019

The Buhari Media Organisation (BMO) has hailed the fast passage of the 2020 Budget by the National Assembly and its subsequent assent by President Muhammadu Buhari on Tuesday.

In a recent statement signed by its Chairman Niyi Akinsiju in Abuja on Tuesday, BMO disclosed that the quick passage is a sign of progressive leadership under the current government.

Niyi said PMB’s readiness for Nigeria to return to the January-December budget cycle has hastened the National Assembly into action as members speedily passed the budget on schedule.

His words, “This positive development will bring about a lot of gains for the country, both within and outside, as even development partners will easily align their projects, plans and programmes with our new budget cycle.

“The passage of N10.59 trillion recorded about N263.946 billion addition by the National Assembly.

“It is worthy of note also that based on the importance the Federal Government attaches to education, the education sector got the second largest allocation of N490 billion, after Defence.

“The early passage of the budget did not happen by chance, but as a result of the cooperation currently existing between the Executive and the Legislature.”

“I am pleased that the National Assembly has expeditiously passed this Bill. Our Federal Budget is now restored to a January to December implementation cycle.”

“Suffice it to say that both arms of government are working in harmony towards delivering democracy dividends to Nigerians as quickly as possible.”