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2016 Budget crisis: NASS summons Adeosun, Udoma

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The Senate and the House of Representatives Joint Committee on Appropriation has summoned the Minister of Finance, Kemi Adeosun and her budget and Planning counterpart, Senator Udoma Udo Udoma to appear before it and explain the reasons behind the 2016 proposed budget mess.

This was disclosed by the Chairman of the House Committee on Capital Markets and other institutions, Tajudeen Yusuf, after an interactive session with the Investment and Securities Tribunal IST, yesterday.

Yusuf also stated that the National Assembly would hold the Budget Office of the Federation responsible for the several mistakes and padding observed in the 2016 budget document.

“We took the budget of the IST, which is the investment court, unfortunately we realised what was contained in the 2016 proposal was just the exact copy of the 2015 appropriation; word for word and figure for figure.” Yusuf said.

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