2021 BUDGET

In his speech while presenting the 2021 Budget Estimates, President Muhammadu Buhari said revenue generation to fund annual budgets has been the greatest challenge being faced by his regime.
He said supervising ministers had been ordered to ensure strict monitoring of revenue-generating agencies under their supervision.
The President who outlined some achievements of his administration,listed some areas of focus in the 2021 Budget which includes massive road construction and rehabilitation.
He noted that the challenging global and economic environment had major implication on the Nation.
President Buhari noted that government did not relent on its efforts at poverty alleviation and job creation, one of which is the public works programme.
Meanwhile, the National Assembly will be funded with N128 billion in 2021.
This is as President Buhari admitted that the Federal Government is spending more on recurrent expenditure.
The President blamed this on non-existent personnel (ghost workers) and unauthorised allowances introduced by Ministries, Departments, and Agencies.
He, therefore, ordered heads of the MDAs to get approval before any recruitment.
President of the Senate, Ahmad Lawan, had said the National Assembly is ready to pass the 2021 Appropriation Bill before the end of 2020.

Senator Lawan made this known in his opening remarks before President Buhari was called to lay the National budget before the joint session of the National Assembly.
The Senate President recalled how the parliament promised to pass the 2020 budget before the year ended, which was achieved.
Meanwhile, the House of Representatives will commence deliberations on the 2021 Appropriations Bill on Tuesday next week.
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, made the announcement shortly after President Muhammadu Buhari, presented his Fiscal Plan for the year 2021 before the National Assembly.
The 2021 Budget is tagged” Budget of Economic Recovery and resilience”.



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