Nigeria is suffering from poor budget implementation

The senate president, Bukola Saraki has made known his assessment concerning the state of the economy when he revealed that poor budgeting has been the problem of the country in the last 16 years.

Saraki made this known in a statement released by his Chief Press Secretary Sanni Onogu, during an interactive session with Civil Society Organisations on the 2016 budget in Abuja.

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He expressed that the National Assembly is making efforts to introduce legislations that will “boost internally generated revenues by plugging the loopholes that exist in our system and encouraging the small and medium-scale business owners in our communities.”

He said, “We know that the work ahead of us is necessary. We also know that the road ahead of us will be lined with challenges. However, we also know that we cannot do this alone. We need all hands on deck for this one.

“In this regard, in response to the citizens’ concerns and public expectations, the 8th National Assembly, through this platform and the various others that we have set up online, will continue to be accessible to you. We will work tirelessly to address your concerns; after all, we are only here because of you.”

The senate has made known its reservation concerning the 2016 budget which has so far been marred by controversy and errors.