National Assembly Summons Finance Minister to Explain the Discrepancies in the 2016 Budget

Posted by Samuel on Mon 15th Feb, 2016 - tori.ng

The National Assembly has asked the minister of Finance to appear before to it to explain the discrepancies in the 2016 national budget.

 
Kemi Adeosun
 
The Senate and the House of Representatives Joint Committee on Appropriation has summoned the Minister of Finance, Kemi Adeosun and her Budget and Planning counterpart, Senator Udoma Udo Udoma to appear before it to explain the reasons behind the controversies and discrepancies of figures in the 2016 budget proposal.
 
According to Daily Post, this was disclosed by the Chairman of the House Committee on Capital Markets and other institutions, Tajudeen Yusuf, after an interactive session with the Investment and Securities Tribunal IST, yesterday.
 
Yusuf also stated that the National Assembly would hold the Budget Office of the Federation responsible for the several mistakes and padding observed in the 2016 budget document.
 
“We took the budget of the IST, which is the investment court, unfortunately we realised what was contained in the 2016 proposal was just the exact copy of the 2015 appropriation; word for word and figure for figure.” Yusuf said.
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