The meeting was a follow-up to the previous ones held to fine-tune the preparation of the budget ahead of its presentation to a special joint session of the National Assembly by the President next month.
The finance minister and the Senate had had altercations at an interactive session held penultimate Tuesday when she informed the committee that the proposed N19.76tn budget for 2023 would have a deficit of N12.43trillion as a result of projected N6tn tax and import duty waivers as well as fuel subsidy of over N6tn if retained for the whole year.
The Senate, chairman on Finance, Solomon Adeola, had disagreed with Ahmed, as well as heads of revenue-generating agencies in the country on the proposed 2023 – 2025 Medium Term Expenditure Framework . Adeola had told the minister that both the projected N12.43tn budget deficit and N6tn tax and import duty waivers should be critically reviewed downwards before sending the proposals to the National Assembly for consideration and approval.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
'Hope it is aimed at making sure there will not be any arranged final padding.
The two thieves at the assembly meeting with the Greater thief in the executive meeting to eat the last supper before 2023.
Do we have any for now ? While accountant general stole such amount ?
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