The Federal Government (FG) has disclosed that 60% (N5.35 trillion) of the 2019 budget would be rolled to the 2020 budget due to slow implementation.
@MBuhari has condemned the Senate President, @bukolasaraki and Speaker of the House of Representatives, @YakubDogara for delaying the passage of the 2019 budget, causing Nigeria to miss the fiscal period.
President Muhammadu Buhari gave Nigerians the perfect gift when he appended his signature to the 2019 appropriation bill.
Thirty-five States will struggle to fund their budgets, as the Federal Government's earnings declined in the first quarter of 2019 after the Federation Allocation Account Committee (FAAC) recorded a drop in its disbursement, posting N1.929 trillion.
The Senate Committee on Trade and Investment reportedly uncovered N42 billion fund allegedly allocated to a private company.
