We’re ready to pass 2020 budget by December –National Assembly

The National Assembly has said it is ready to receive the 2020 Appropriation Bill for consideration and passage.

The Speaker of the House of Representatives, Femi Gbajabiamila, made the declaration at a stakeholders’ roundtable on the 2020 budget in Abuja on Tuesday.

The Speaker said the House was committed to reforming the key financial and industrial sectors to ensure that the government lived up to its responsibilities. He said, “We are determined to address the problems of our significant infrastructure deficits by funding critical infrastructure projects across the country and by working with the private sector to devise and implement effective strategies to encourage private sector investment in public works projects.

Gbajabiamila added “The power of the purse, the right and responsibility to manage government expenditure through the appropriation process is the central power of the legislature. It is this power that makes all else possible.”He said he was confident the dialogue session would create ideas and strategies to help deliver a budget process that would be in the interest of Nigerians.

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