Published On: Mon, Apr 18th, 2016

President won’t sign crisis–laden Nigeria budget

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ng missing budgetABUJA, (CAJ News) – HEADS are set to roll in Nigeria following the latest  controversy surrounding the country’s budget for 2016.

President Muhammadu Buhari has refused to assent to it after it emerged  the National Assembly had distorted the documents of the record 6,08  trillion Naira ($30,8 billion) budget.

As the war rages between the executive and legislature over control of the  purse strings, it has emerged top officials of the National Assembly used  their positions to distort the fiscal document by allocating huge projects  worth billions of Naira to themselves under the guise of working on the  budget.

The National Assembly had removed entirely or reduced the costs of some of  the key projects in the budget proposals.

Among other officials feeling the pressure are Speaker of the House of  Representatives, Yakubu Dogara, and Abdulmumin Jibril, Chairman of the  House Committee on Appropriation.

Civil society organisations called on heads to roll.

The ruling All Progressives Congress said it would sue the National Assembly.

It has been reported President Muhammadu Buhari is furious at the action  by the assembly.

Chris Ngige, Labour and Employment Minister, said, “The President will not sign the budget until all mistakes are streamlined.”

In January, hard and soft copies of the budget documents Buhari handed over to the National Assembly in December, where declared missing.

They were presented weeks later but there were allegations the documents were distorted.

Nigeria, the continent’s biggest economy, is going through economic hardships sparked by the falling prices of oil.

Former military dictator won the presidential election last year with the pledge of fighting corruption and terror.

CAJ News

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