• Budget delays: Senate set to repeal 58-year old Fiscal Responsibility Act

    Budget delays: Senate set to repeal 58-year old Fiscal Responsibility Act

    Plans by the National Assembly to amend the 58-year old Fiscal Responsibility Act had reached its final stages with the submission of the report upon which the amendment would be predicated.

    The report, which was presented to the President of the Senate, Dr. Abubakar Bukola Saraki, by the Leader of the Senate, Ali Ndume, recommended that annual budget be presented in the first week of September.

    The report, prepared by the Technical Committee on Budget Reforms, also recommended that the budget be […]