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Emergency FEC meeting postponed to Monday

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The Federal Government has postponed an emergency Federal Executive Council (FEC) meeting summoned for Friday to discuss the 2016 Appropriation Bill.

President Muhammadu Buhari will present the bill to the joint session of the National Assembly on Tuesday.

Alhaji Lai Mohammed, Minister of Information  giving reason for postponing  the emergency meeting, said the decision was taken to give members of the cabinet enough time to reconcile figures.

“The meeting was not cancelled. It was postponed till Monday afternoon. The reason is that you know there was a meeting of the National Economic Council Thursday.

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“At that meeting, many of the key cabinet members made presentations. There were some fallouts from those presentations that will necessitate going back to the original document that should have been discussed today.

“So we were given time between now and Monday to go and re-jig our figures because when the NEC met, certain issues were thrown up that if they were not resolved, would distort the entire budget proposal.

“So we will all go back, each ministry will do its re-jigging,” said the minister.
-PremiumTimes

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