Economy

Present 2021 Budget Proposal Sept. End, Lawan Urges Buhari

Senate President Ahmed Lawan has again harped on the need for the Federal Government to sustain the January-December fiscal calendar achieved last year, with the 2020 budget, the first time since 1999.

To ensure this, Lawan urged the Executive arm of Government to ensure the 2021 Appropriation Bill is presented to the National Assembly by the end of September.

He spoke after referring President Muhammadu Buhari’s 2021 – 2023 Medium Term Expenditure Framework and Fiscal Strategy Paper request to the Senate Committees on Finance; and National Planning for further legislative work.

The Senate President while charging both Committees to engage the Ministry of Finance, Budget and National Planning on the MTEF/FSP request, stressed the need for the panel to lend its support, where necessary, to Revenue Generating Agencies towards meeting expected revenue targets.

According to Lawan, “this Senate is giving the Committee four weeks within which to work very closely with the Ministry of Finance, Budget and National Planning, and particularly engagement with the revenue generating agencies where we are expecting them to meet their targets.

“We need to ensure that they have all the support that they require from the National Assembly, particularly the Senate to meet their targets.

“Meanwhile, the executive should continue to work on the preparations for the 2021 budget, and by this we are also equally committed to ensuring that we receive the budget estimates at the end of September and that we are able to consider the budget and get it passed before the end of December to repeat what we did for budget 2020,” Lawan said. 

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