Nigeria’s President, Mohammadu Buhari, will on Wednesday next week, officially present the 2017 federal budget to the National Assembly.
It had been announced earlier on, that the budget would be presented on November 7, 2016.
However, according to a letter to the senate which was read on the floor of the upper legislative chamber by the Senate President, Bukola Saraki, the president would present the document before a joint session of the National Assembly.
The Minister Of Budget And National Planning, Mr Udo Udoma, told newsmen after the Federal Executive Council (FEC) meeting last Wednesday, that the seven trillion Naira proposal was ready, after extensive consultations with different stakeholders.
According to him, the 2017 fiscal document, of which he gave no details, had been well prepared to avoid the pitfalls that characterised the 2016 budget.
“The document that we are presenting to the National assembly is a carefully prepared one,” Udoma said.
He told reporters that over 800 billion Naira had been released so far in the 2016 budget as capital projects with all recurrent expended.
Human rights group, the Social Economic Rights and Accountability Project (SERAP) has questioned the rationale behind the amendment of the act establishing the Code of Conduct Bureau and Code of Conduct Tribunal by the Senate.
The upper legislative chamber on Thursday altered the law, transferring the controlling power over the CCB and CCT to the legislature, away from the President.
But in a statement, SERAP condemned the action, which it insists does not serve the interest of Nigerians but that of the lawmakers.
The statement adds: “This is in fact a blatant case of conflict of interest and betrayal of trust. The clear victims of this betrayal of trust are the economically and socially vulnerable sectors of the population who have been terribly let down by their own lawmakers.”
The group called on Nigerians to reject the move and pledged to work with other members of the civil society to vigorously fight what it describes as a perversion of the rule of law.