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Budget: 100% implementation still possible, says Udo Udoma

Robby Akeju by Robby Akeju
May 7, 2016
in Business, News
0

The Federal Government said on Saturday that it has not ruled out the 100 per cent implementation of the 2016 budget signed on Friday by President Muhammadu Buhari.
Minister of Budget and National Planning, SenatorUdoma Udo Udoma, gave the assurance in a statement by Mr Akpandem James, his Media Adviser.
Udoma in the statement debunked some newspaper reports credited to him that full implementation of the 2016 budget had been ruled out.

“The Federal Government aims, and will be working, to achieve 100 per cent implementation of the 2016 budget in spite of the late signing of the 2016 Appropriation Bill.

“This clarification becomes necessary to clear the misrepresentation by some newspapers that full implementation of the budget has been ruled out because of the late start,” he said.

Udoma explained, while responding to questions from State House correspondents on Friday, that he had “conceded that the late approval might constrain full implementation of the budget.”

The minister, however, said he had, at the same time, said “the Federal Government intends to still try its best to achieve 100 per cent implementation.”

According to him, at no time did he rule out the possibility of full implementation as indicated by one or two newspapers.

Tags: udoma
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.