Ahead of the 2016 budget presentation, President Muhammadu Buhari will, this week, forward the Medium Term Expenditure Framework, MTEF,and Fiscal Strategy Paper, FSP, to the National Assembly for consideration.
Senior Special Assistant to the President on National Assembly Matters, Senate, Senator Ita Solomon Enang, who disclosed this yesterday, explained that the document would be submitted to both the Senate and House of Representatives, preparatory to the presentation of the 2016 appropriation bill.
Senator Enang maintained that President Buhari has not violated any law with the late presentation of the MTEF to the National Assembly, barely three weeks to the end of the 2015 fiscal year.
The Presidency and relevant government agencies handling the preparation of the MTEF have concluded arrangements on the draft document.
The presidential adviser added that the presentation would be shortly followed with the presentation of the 2016 appropriation bill.
“I want to assure you that in the next few days, Mr President will forward the Medium Term Expenditure Framework and the Fiscal Strategy Paper to the National Assembly.
“The National Assembly will consider it and in the cause of it, Mr President will communicate to the National Assembly the date on which the 2016 budget will be laid.
“You know that is normally preceded by a letter from the President, requesting the date and the letter will soon be issued. The letter will be issued and the letter will communicate the date. And it’s definite that it will be within the constitutional period,” he stressed.
Senator Enang also insisted that the presentation of the document did, not in anyway, violate the Fiscal Responsibility Act, which provides that the MTEF must be submitted to the National Assembly four months to the end of the year.
“There is no violation at all. It’s within what is allowed by law. Read the Act. Read the Act again. It says ‘between’ ‘and’. So, read the Act again. We are not in violation at all,” he added.
Commenting on the policy of Treasury Single Account, TSA, he flayed those criticizing its implementation by the present administration, describing the policy as one of the best things ever done by the Buhari-led government.
According to him, contrary to some misleading reports in the media, finances of the National Assembly are also captured in the TSA implementation without any problem whatsoever.
“This is the time that the National Assembly is having the most perfect relationship between the executive and the legislature,” Senator Enang added.
He thanked the Senate for last week expeditious treatment given to the 2015
Appropriation Bill, days after its presentation by the president.
Senator Enang also hailed the lawmakers for accelerated screening and subsequent confirmation of nominees for Assets Management Corporation of Nigeria, AMCON, saying the development confirmed the cordial relationship between the executive and the National Assembly.

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