04 August, 2015

Buhari to National Planning Commission: Reduce Expenditures Of 2016 Budget



The National Planning Commission was on Mon ordered By President Muhammadu Buhari to give a reasonable 2016 national budget that seeks reduction in expenditures while giving top priority to developmental projects.
 
President Muhammadu Buhari
The Punch reported that Garba Shehu, the Senior Special Assistant to the President on Media and Publicity made this known while speaking to journalists. 

According to Shehu, President Buhari gave the order after a briefing from Dr. Bassey Akpanyung, the Executive Secretary of the commission in Abuja.

The President made this known when he told Akpanyung and the directors of the NPC that capital projects should top the priority list because the country cannot achieve real development without sufficient investment in capital and infrastructural projects.

Shehu while speaking to newsmen and making reference to what Buhari said: “In carrying out its role in surveillance of the economy, review and appraisal of policies, the commission should devise a plan for a realignment of the budget so that capital projects can be really prioritised.”
 
Shehu the commission would affect the process of developing a medium term plan to cover Vision 2016 to 2019 of the present administration’s priorities. In his words: “Of course, we sought the President’s support for the articulation and finalisation of that document because his pronouncement on it will assist us in rapidly doing so. Planning, like I said, will make it effective from 2016 to 2019. So, we should be working very seriously to pick out the elements that will form the document. The core areas: security, the areas of diversification, the area of restabilising the polity, the micro economic situations that are going to be addressed. Of course, we can’t forget the issues of unemployment and agric in the real sectors. These are the areas that will drive and ensure that the employment situation is improved upon and that will reduce the poverty level.”



Source: The Punch

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