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FG didn’t submit new budget –Okonjo-Iweala

The Citizen by The Citizen
May 29 2014
in Latest News, Uncategorized
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Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said that President Goodluck Jonathan did not submit any new budget or addendum.

In a statement, the Minister explained that all the parastatal budgets were submitted as re­quired by law at the same time as the main budget and virtu­ally all were treated by the rel­evant committees.

“The delay in discussing any aspect of the budget has noth­ing to do with late submission of the estimates by the execu­tive. The reported negative re­actions by some senators to some parastatal budgets was due to the delay by the relevant sub-committee to bring the parastatal budgets for consid­eration and has nothing to do with any effort by the execu­tive to ‘smuggle’ in additional budgets,” she said.

According to her, as Sena­tor Ita Enang has subsequently clarified, the parastatal budgets were part of the original sub­missions by the executive, say­ing that the whole matter is an internal Senate matter and has nothing to do with the execu­tive.

“The negative media re­ports blaming the executive are wrong and should be cor­rected. Journalists should kindly verify with Senate Fi­nance Committee Chair, Sena­tor Markafi and heads of other relevant committees for avoid­ance of doubt. We urge all media outlets to please verify and get facts before heaping unwarranted criticism on Mr. President, the Budget Office or Ministry of Finance. It is terribly disappointing when people waste time and space writing opinions and editorials based on wrong information,” she noted.

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