The Presidency
says, the rejection of the proposed $29.96bn external borrowing plan of
President Muhammadu Buhari-led administration by the Senate would not affect
the implementation of the 2017 budget.
The Special
Assistant to the President on National Assembly Matters, Senator Ita Enang,
disclosed this while addressing journalists in Abuja.
It would be
recalled that the President had written to both chambers of the National
Assembly, asking the legislature to approve the borrowing plan for the
execution of key programmes and infrastructural projects across the country,
from 2016 to 2018 but was rejected by
the Senate on the 1st of November 2016.
Enang, however,
said the 2017 budget would be successfully implemented without the loan.
He further said that
the President had assented to over 30 bills in one and a half years of his
administration.
No comments:
Post a Comment