The Governors of Nigeria’s governing party, the All Progressives Congress APC have commended President Muhammadu Buhari for reforming Nigeria’s budgetary process.
The Chairman of the Governors Forum known as the Progressives Governors Forum, PGF and governor of Kebbi state, Governor Atiku Bagudu gave the commendation on behalf of the Forum in a press statement.
Nigeria’s President Muhammadu Buhari had on Tuesday, December 17 assented to the country’s 2020 appropriation bill of 10.594 trillion naira as opposed to previous years when the assent of the bill was carried over to the next year.
Governor Bagudu said the reform of the budget cycle will ensure predictability and better public financial management.
“This is the first time since the inauguration of democracy two decades ago that the federal budget is signed before the end of the previous year. The Progressive Governors Forum (PGF) commends Mr. President for this historic feat in restoring the natural budget cycle, thereby enthroning predictability and certainty in public financial management, macroeconomic projections and project execution.
“It is on record that the 2020 Federal Government Budget proposals of N10.33 trillion tagged “Budget of Sustaining Growth and Job Creation” was presented before a joint sitting of the National Assembly on October 8, 2019, earlier than any President had done in the annals of our democracy. This is simply another Next Level accomplishment” he said.
He further commended the executive and legislative arms of government for taking national interest into consideration which was reflected in their cooperation with each other to pass the budget on time.
“This feat is a reflection of the commitment of the leadership of the Senate and the House of Representatives to the APC Next Level Agenda and the resolve to cooperate with the executive on critical matters that border on the national interest.”
Promotion of national interest
The Governor promised the cooperation of the PGF in promoting national interest.
“The Progressive Governors Forum would always support this harmonious relationship between both arms of government at the Federal level in carrying out their constitutional responsibilities in the interest of the Nigerian people. We remain committed to a stable polity and economy, and we see that this new dawn in our budgetary process will also have a positive bearing on the management of the budgets of state governments in terms of predictability of our financial projections and coordination of policies between the sub-national entities and the central government.
“Accordingly, the PGF, in addition to making input at the monthly Nation Economic Council meeting, would continue to collaborate with the Federal Government so as to stimulate positive public understanding and perception of the key issues and benefits in the budget which in itself is a milestone of transparency by APC led government in a bid to fulfil its campaign promises. Through our engagements with the leadership of the National Assembly we would also continue to provide all needed support to enhance the already existing synergy between both the executive and legislative arms of government. We will continue to draw lessons from President Muhammadu Buhari’s leadership and take all the necessary steps to replicate it in our respective states” he said.