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FG projects presidency’s budget for next year at N10bn

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The Federal Government has put the expenditure of the Presidency’s use in the 2021 spending plan at N10bn.

This is against the N15.3bn designated for a similar reason in the reconsidered 2020 budget.

The Deputy Director (Information), State House, Attah Esa, uncovered this in an announcement on Sunday named “Agencies in the Presidency hold 2021 budget consultations.”

Esa, in the announcement, said the Permanent Secretary, State House, Mr Tijjani Umar, on Saturday drove the 2021 budget meeting between government offices under the Presidency and authorities of the Ministry of Finance, Budget and National Planning.

He cited Umar as saying that the planning of the 2021 budget estimates thinks about the arrangements and systems contained in the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper, which is the Federal Government’s pre-spending explanation.

He said Umar additionally clarified that in accordance with the order gave by the Ministry of Finance, Budget and National Planning, the yearly financial plan was being readied utilizing the Zero-Based Budget approach and in consistence with the administration’s arrangement push as explained in the MTEF/FSP and Nigeria Economic Sustainability Plan.

The statement read, “Citing a September 1, 2020 circular issued by the Minister of Finance, Budget and National Planning, Zainab Ahmed, the Permanent Secretary, State House, said MDAs had been directed to work assiduously to conclude the budget bilateral meetings as scheduled in order to get the 2021 budget ready for transmission to the National Assembly.

“The latest budget circular issued by the Ministry of Finance, Budget and National Planning put the expenditure ceiling of the 2021 pre-bilateral proposal for the Presidency at N10bn compared with N15.3bn of the revised 2020 budget passed by the National Assembly.”

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