taharqa: The budget for 2010 was not laid by Yar'adua, but by d Finance Minister. And Does d President of USA physically present d budget to d US Congress annually?... Anyways, we await d reason for d move by d Presidency...

Symphony007: hey mister! This is not a parliamentary system of government. So in your bid to defend this shambolic action you want to challenge a constitutional requirement that the president address a joint session of the national assembly once a year? And who told you that the president appearing before the joint session is just to present a budget? The president also outlines his achievement for the years and what he intends doing the next. As leader of the country his speech will encompass the budget, works, healthcare, education,etc. So by your own twisted knowledge where the finance minister gives the speech, she speaks of only her field and then gives way for the education minister, he finished gives way to the health minister,etc. Such pathetic thinking. Even in the u.k where the chancellor of the exchequer presents the autumn statement, the prime minister still recaps all he has said as leader of the government. So the united states where the president delivers the annual state of the union address is not a civilized country?

Partisanship has made you throw caution to the wind and vomit this abominable comment. It's revolting.

According to Section 81 of the Constitution of the Federal Republic of Nigeria, 1999, “the President shall cause to be prepared and laid before each House of the National Assembly at any time in each financial year estimates of the revenues and expenditure of the Federation for the next following financial year”. Accordingly, when the FGN budget is formulated and processed and approved by the Federal Executive Council it is formally “laid before each House of the National Assembly” as stipulated by the Constitution. Budget information is presented in a way that facilitates policy analysis and promotes accountability. Budget data is reported on a gross basis, distinguishing revenue, expenditure, and financing, with expenditure classified by economic, functional, and administrative category. Data on extra-budgetary activities is reported on the same basis. Statement of objectives to be achieved by major budget programs is provided. The overall balance of the general government is a standard summary indicator of the government’s fiscal position. This is contained in the President’s Budget Speech for the new fiscal year.

taharqa: The budget for 2010 was not laid by Yar'adua, but by d Finance Minister. And Does d President of USA physically present d budget to d US Congress annually?... Anyways, we await d reason for d move by d Presidency...

eGuerrilla:

Budget Office Of The Federation

I see where Presido gets his wiggle room from - "the President shall cause to be prepared and laid before each House of the National Assembly"

Symphony007: the 2010 budget presentation was not presented by a minister, it was actually presented by sen. Mohammed abba aji, special adviser to pres. Yar adua on national assembly and that was because the president was sick in saudi arabia. And due to the controversy surrounding succession to the presidency jonathan recused himself. Due to the fact that no one could do it, sen. Aji was allowed to but not in a joint session of the assembly. He presented the budgets to each house individualy and did'nt utter a word in the process talk less of a speech. Secondly the united states does not operate government as childishly as nigeria. The u.s government can go years without passing a budget. Budgets are not even presented. They are agreed upon by the president and congressional leaders then put to a vote.

Afam4eva:
But don't you think we should be leaning towards having the likes of Okonjo Iweala as the [/b]substantive [b]president because they understand the issues. It seems to me that the way our system is structured, the president is very similar to a ceremonial one with little understanding of how the economy functions. We need to technocratize our presidential system.

Symphony007: it is highly disrespectfull of the presidency to send a minister not even the vice president, but a minister to do this when there is no crisis in the presidency whatsoever stopping the president or his vice from carrying this out.

Symphony007: the 2010 budget presentation was not presented by a minister, it was actually presented by sen. Mohammed abba aji, special adviser to pres. Yar adua on national assembly and that was because the president was sick in saudi arabia. And due to the controversy surrounding succession to the presidency jonathan recused himself. Due to the fact that no one could do it, sen. Aji was allowed to but not in a joint session of the assembly. He presented the budgets to each house individualy and did'nt utter a word in the process talk less of a speech. Secondly the united states does not operate government as childishly as nigeria. The u.s government can go years without passing a budget. Budgets are not even presented. They are agreed upon by the president and congressional leaders then put to a vote.

Ngwakwe:

Dr Ngozi Okonjo Iweala has been functioning as de facto Prime Minister and nothing surprising about that.

manny4life:

The bold part is simply outrageous and very untrue, if this was the case, how come on Oct 1st, 2013, the FG shutdown because there was a budget impasse? Next is, budgets are presented before Congress (both houses) where deliberation begins by Congressional leaders.

Symphony007: Why would the president send a minister to present the national budget and address a joint session of the national assembly? Not even the vice president. That's rather insulting and unprecedented. I suggest and senate president and speaker refuse such a request. If the two topmost men in the nation are two busy to do this which is outright impossible. Then they should just send the budget with a letter. A joint session of the national assembly cannot meet to be addressed by a minister.

Politics must not be injected into everything.

taharqa: In oda words, you were wrong when you EXPRESSLY said that at No time has an official rep the President present the budget physicali b4 d NA And that Presidents physicali present d annual budget b4 their NAs. Thnk you very mush..... I accept the correction on who laid that budget in 2010. Thnks again.

Symphony007: Why would the president send a minister to present the national budget and address a joint session of the national assembly? Not even the vice president. That's rather insulting and unprecedented. I suggest and senate president and speaker refuse such a request. If the two topmost men in the nation are two busy to do this which is outright impossible. Then they should just send the budget with a letter. A joint session of the national assembly cannot meet to be addressed by a minister.

Politics must not be injected into everything.

Symphony007: what budget impass? The issue then was a government shutdown. The inability of democrats and republicans to agree to a budget in 3 years caused them to run governent by make shift legislation and monetary allocation. So on the 1 of oct. The u.s government was going to run out of money if congress does'nt release some. Republicans refused saying before they release more money, obama must either defund or delay his healthcare law for one year. He refused and the government shut down. After days of shutdown and pressure. The republicans finally legislated funding for the government till january 15 2014 and the government reopened. Do you understand?

Symphony007:
The u.s government can go years without passing a budget. Budgets are not even presented. They are agreed upon by the president and congressional leaders then put to a vote.

Ngwakwe: The Political Climate in Nigeria is highly polarised, moreover, economics of budgeting is not his forte as some disgruntled law makers may wish to challenge and expose his weaknesses during the presentation (by demanding facts and figures) in a bid to ridicule and render him unelected come 2015.

This is just a calculated risk which he thinks will favour him for now.

Symphony007: Why would the president send a minister to present the national budget and address a joint session of the national assembly? Not even the vice president. That's rather insulting and unprecedented. I suggest and senate president and speaker refuse such a request. If the two topmost men in the nation are two busy to do this which is outright impossible. Then they should just send the budget with a letter. A joint session of the national assembly cannot meet to be addressed by a minister.

Politics must not be injected into everything.

gtrust:

In most civilized Nations, the office of minister for finance and headed by the finance mininster ALWAYS presents the budget!
Check it out.
You can even watch United Kingdom budget presentation right now on YouTube!
It is usually a big occasion when you see the minister for finance (chancellor of the exchequer) carrying the 2000 years old small red briefcase and parading it infront of the media before heading to the parliament to read it.

Stop being 'sentimental without facts'!

manny4life:

Please stop beating around in circle, you stated that the government can go without a budget, here is your statement again.



This just shows you either Google or have no clue on what you're talking about. The way you muddled the budget and debt ceiling is too amazing, I like how you twist and turn things around. Year 11, 12 and 13 had budgets passed and approved by Congress, the govt shutdown on Oct 1st simply because left and right wingers couldn't agree, which was the impasse, there was a whole lot on the table particularly the fiscal cliff involving sequestration/budget cuts, tax benefits and extension, and then you have the "Defund Obamacare".

However, the treasury had spending authority up till Oct 14th or 15th I believe, the govt already shutdown two weeks prior to that because the govt's fiscal cycle starts from Oct 1st to Sept 30th, so please don't mix up the two. After the govt shutdown for 16days and reopened on Oct 17th, the republicans decided to go along with democrats and pass a temporary spending bill that will authorize govt to reopen as well as give them borrowing authority to give them ample time to deal with the budget sequestration.