The House of Representatives said on Monday that each item in the N7 29tn budgeted for 2017 would be subjected to a thorough review by the National Assembly.


It noted that until such a review was done by various standing committees and approved by the legislature, the budget remained mere proposals by President Muhammadu Buhari.


The Chairman, House Committee on Media and Public Affairs, Mr. Abdulrazak Namdas, who spoke with The PUNCH in Abuja, explained that lawmakers would ensure that the controversies,which nearly marred the 2016 budget, would not be replicated with that of 2017.

Namdas, a member of the All Progressives Congress from Adamawa State, stated, “We have received the budget proposals from Mr. President. We now have a duty as lawmakers to look at
the items one after another.

“The first step is that every member will get copies of the budget to study and this will assist them in pointing out key areas for the attention of the House.

“As soon as we reconvene in January, work on the details of the budget will begin.” Asked whether lawmakers would increase the budget size,
Namdas replied that the size was already “huge.”

He added, “N7.29tn is a huge amount; increasing it is not likely the way to go.

“However, the budget is the document eventually passed by the National Assembly.

“Nigerians should be patient till we reconvene in January.”

The President had, on Wednesday, December 14, laid the estimates of the budget before a joint session of the Senate and the House in Abuja.
The budget of “economic recovery and growth” is 20 per cent higher than the N6.06tn budgeted for 2016.
Its total capital component of N2.24tn is also higher than that of 2016 by 30.7 per cent, a projection Buhari said was made to spend more on infrastructure, solid minerals development,
agriculture and provide support for local manufacturing firms to speed up growth.

Spending on recurrent expenditure is put at N2.98tn. Although the budget’s anticipated revenue of N4.9tn is higher than that of 2016 by 28 per cent, it has a deficit of N2.36tn, representing
2.18 per cent of the Gross Domestic Product.


The President told lawmakers that the deficit would be financed through a projected borrowing of N2.32tn, broken into N1.06tn (external) and N1.25tn (domestic).


www.punchng.com/nassembly-re-work-n7-29tn-budget-reps-spokesman/

And some unpatriotic Nigerians who no know as bout house proceedings will appear shouting "padding". Ask Jibrin your mentor

More budget padding loading

Ok

Dogara aka budget Padder never add him own

Monumental budget padding looming in Nigeria. Imagine over #7 trillions budget almost times two of Jonathan yearly budget, and you do not want national assembly members to have their own portion.
Come January, 2107, Saraki and Dogara (both with knives in their hands) will lead members of their respective chambers, to your their own cut of the national cake.

People saying that this budget is huge obviously don't know the country's inflation rate. My problem with the budget is how big amounts of money are budgeted for unnecessary things. Believe it or not but truth is, 2017 budget ain't gonna change nothing

Wch one be "re-work" again?

bunch of criminals

If it favours the masses then no qualms

i hope they will expose any padding

Another padding loading

Hmmm

If you looters pad this budget we will probe all of you comes 2019 by Nigerian masses at polling units.


We are tired of being lied to.

Ok

The National Assembly remains president Buhari's greatest obstacle n it's his fault, cos he was d one dat said he doesn't care wat happens there. Way he doesn't know is whether u want to do good or bad, u need a trusted NASS cos our politics is still immature.

National Assembly to "PAD" the budget u mean.....

Kondomatic:
People saying that this budget is huge obviously don't know the country's inflation rate. My problem with the budget is how big amounts of money are budgeted for unnecessary things. Believe it or not but truth is, 2017 budget ain't gonna change nothing

the pessimist

And, I say no to budget padding.

greatiyk4u:




the pessimist

but he is saying the bitter truth. If our president is still insisting on working with this his present crop of ministers and advisers, then it's over before it started.
Only a stark raving madman does the same thing, the same way twice, but expects a different result.

They should cut down budget for tyres replacement, they are not into commercial driving, private vehicle tyres lasts more than a year.
They should also cut down vehicle maintenance fee, new vehicles need only changing of engine oil once in a 3~4 wks duration and fan belt.
Also the budget for Cutlery z outrageous, they should also cut it down.
Also, the sitting allowance, re u doing free work to Nigeria, are u not paid salaries for ur job, nothing wey I no go hear, small time they will start asking for talking allowance, toilet allowance.
All these exorbitant budgets are nothing but looting strategies, Buhari hv not justified his Sainthood claim, all politicians are the same.

Envelop based abi zero based.
Cos that the kind of words they normally use to deceive us as if baptismal names will change anything.

Let the padding begin....

God ooooo.wetin be re work again..do u mean padding, or. Correction or anoda presentation, which one..naija senators will never change. Thieves,.is like the budget na favour una.una wan add.gbewiri