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2016 budget delay real concern to Nigerians

26 April 2016, 21:36

Lagos – A Majority of Nigerians has expressed concern over delays in the approval and signing of the 2016 budget.

This is according to latest public opinion polls whose results indicate that over 80 percent of locals thought that the release of the budget was long overdue.

They have cautioned that further delays could adversely affect the country, surveyors NOIPOlls said.

About three in ten Nigerians thought the deadlock over the budget could ‘slow down business activities’, while others thought it could lead to‘stagnation in the economy’ (17 percent), ‘poor budget implementation’ (13 percent), ‘deepening the fuel crisis’ (11 percent) and ‘increase in prices of goods and services’ amongst others.

Also read: Buhari's delay in signing 2016 budget 'gives Nigeria bad image

Similarly, when asked about which sectors of the economy should be given priority in the 2016 budget, the Agricultural sector was first mentioned

(30 percent), followed by Education (21 percent), Job creation (13 percent), Health (8 percent) and Power (8 percent) amongst other sectors.

It is four months and counting since President Muhammadu Buhari presented the Nigerian 2016 budget before the National Assembly, though, yet to be approved.

Buhari has signed it into law after it emerged the National Assembly had distorted the original document.



- CAJ News

Tags lagos budget

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