Sunday, November 17, 2024
Custom Text
Home NEWS FG may not fully implement 2016 budget – SGF

FG may not fully implement 2016 budget – SGF

-

The Secretary to the Government of the Federation (SFG), Mr. Babachir Lawal, has said that the federal government may not fully implement the 2016 budget, owing to a sharp drop in revenue by over 60 per cent.

The SGF gave the revelations when he appeared before a joint senate committee on ethics, privileges and public petitions and that of appropriation and finance.

He was there to defend his comments in an interview he granted to one of the national dailies that the federal government may not implement constituency projects in the 2016 budget.

He blamed the development on the activities of militants in the Niger Delta region.

- Advertisement -

He said that the oil benchmark of the federal government has been drastically affected by activities of militants, adding that the country was producing about 800,000 barrels per day.

Some members of the committee insisted that the provision of the constituency allowance would go a long way in providing basic amenities for Nigerians.

Must Read

Wizkid’s Kese breaks record on Spotify

0
Nigerian singer, Ayodeji Balogun, popularly known as Wizkid, has broken his own record on Spotify Nigeria.