Monday 23rd October, 2017
Translate Language:::
Share

N6trn 2016 Budget: Non-implementation plagues MDAs

N6trn 2016 Budget: Non-implementation plagues MDAs

The economic re­cession which hit the nation in 2016 also adversely af­fected the execution of the 2016 budget as several Ministries, De­partments and Agen­cies (MDAs) could not implement their capital budgets to the letter and spirit of the 2016 Appropriation Act en­acted by the National Assembly.
The thrust of the 2016 budget was the recovery and revitali­sation of the economy to take it out of reces­sion, but the activities of most MDAs showed that it is a far cry from what is envisaged.
According to a find­ing by Economic Con­fidential, an online publication, the Minis­try of Budget and Na­tional Planning which had the highest alloca­tion of N1.14 trillion was topmost in this defect. With a capital vote of N404.86 billion and recurrent expendi­ture of N142.40 billion, there is nothing visible on ground to show for such lion share.
According to an offi­cial of the ministry who craved anonymity, the ministry’s department of monitoring and eval­uation have been busy inspecting nearly com­pleted projects initiated by the Goodluck Jona­than administration while those initiated by the current administra­tion are yet to take off, despite being captured in the 2016 budget act.
The investigation further showed that other Ministries who have shown indolence to the implementation of the capital projects for 2016 budget in­clude the Ministry of Interior with a whop­ping N513.65 billion and N61.71 billion for capital projects and a recurrent expenditure of N451.94bn without any appreciable prog­ress made.

SHARE ON: