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2014 Budget: Late Passage Doesn’t Show Government’s Seriousness – Analyst

The late passage of the 2014 budget has been condemned by some economic analysts. The Head, Transaction Advisory Services West Africa, Ernst & Young, Mr … Continue reading 2014 Budget: Late Passage Doesn’t Show Government’s Seriousness – Analyst


Business Morning - SandaThe late passage of the 2014 budget has been condemned by some economic analysts.

The Head, Transaction Advisory Services West Africa, Ernst & Young, Mr Bisi Sanda, who was our guest on our business programme, Business Morning, says creating uncertainty in the first quarter of the year doesn’t show seriousness on the side of the Government.

This according to him would affect implementation.

With the projected growth rate of GDP at 6.75%, Mr Sanda believes government needs to double its efforts particularly now that the GDP has been rebased.

The National Assembly last week passed the 2014 budget totaling 4.7trillion Naira, increasing it by 52.2 billion.