The Chairman of Senate Committee on Finance, Senator Musa Sani, on Friday, disclosed why Preaident Bola Tinubu has not submitted the 2025 budget to the National Assembly.
According to Sani, the President is taking his tim in order to prevent lapses.
Speaking on Channels Television’s Politics Today, he insisted that it is not yet late for the President to present the 2025 appropriation bill.
He said, “I believe that Mr President is now considering those voices that Nigerians made in making sure that the budget he is bringing is a budget that will rediscover the economy of Nigeria, so I don’t think it is late (to present the budget).
“I believe Mr President is doing what he is supposed to do in order to checkmate whatever lapses we had in 2024 budget and then correct them in 2025 budget. So, for me, it is not too late.”
While acknowledging that it is expected that the executive presents budget to the National Assembly in good time to enable the lawmakers to properly work on it, Senator Sani said that they would also not appreciate a haphazardly prepared document.
He said, “You can see since the inception of this government so many reform policies have been coming up and we appreciate the fact that the economic team are doing their job the way it is supposed to be done.
“We also as lawmakers expect that we shall be given budget timely so that we can start working on them. But we also at the same time will not want a situation whereby a document will just be presented to us.”