Budget: Economist proposes 5-year budget plan for effective implementation Reviewed by Momizat on . Austin Nweze, an Economist in Budget and Financial Planning and lecturer at the Pan-African University, Lagos has proposed a 5-year budget plan as a strategy th Austin Nweze, an Economist in Budget and Financial Planning and lecturer at the Pan-African University, Lagos has proposed a 5-year budget plan as a strategy th Rating:
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Budget: Economist proposes 5-year budget plan for effective implementation

Austin Nweze, an Economist in Budget and Financial Planning and lecturer at the Pan-African University, Lagos has proposed a 5-year budget plan as a strategy that would allow the effective implementation of projects that require long-term execution.

He said the implementation of annual budget plan is not feasible in a developing economy like Nigeria.

Mr Nweze who appeared on Channels Television’s  breakfast show, Sunrise Daily, also suggested the National Assembly should set up a committee with the oversight function of constant monitoring of government offices and parastatals involved in the execution of capital projects.

 

 

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