PRESIDENT Muhammadu Buhari yesterday requested the Senate’s approval for the 2016 budget proposal of 38 federal government agencies and corporations, to enable them effectively execute their mandate.
Buhari explained in a letter dated June 30, 2016, and read by the Senate president , Dr. Bukola Sarak,i on the floor of the upper legislative chamber, that this was in line with the provisions of the Fiscal Responsibility Act, 2007.
The agencies listed in the president’s letter for Senate consideration and passage of their 2016 budget proposals include Bureau of Public Enterprises, National Agencies for Science and Engineering Infrastructure, Nigerian Airspace Management Agency, Nigeria Shippers Council, and National Maritime Authority.
Others are the Raw Materials Research and Development Council, National Sugar Development Council, Nigerian Postal Service, Nigerian Ports Authority, Federal Airport Authority of Nigeria, Securities and Exchange Commission and Nigerian Tourism Development Corporation.
Also on the list are National Communications Commission, National Agency for Food and Drugs Administration and Control, Nigerian Customs Service, National Broadcasting Commission, and National Insurance Commission.
Others are News Agency of Nigeria, Nigerian Copyrights Commission, Nigerian National Petroleum Corporation, Nigerian Deposit Insurance Corporation, Nigerian Civil Aviation Authority and Federal Inland Revenue Service. Similarly, the Nigerian Immigration Service, Nigerian Electricity Regulatory Commission, Central Bank of Nigeria, Radio Nigeria, Federal Housing Authority, Nigerian Television Authority, National Automotive Design and Development Council and Nigerian Nuclear Regulatory Authority are on the list.
The rest include the National Business and Technical Examination Board, Federal Mortgage Board, National Environmental Standards and Regulations Enforcement Agency, Industrial Training Fund, Corporate Affairs Commission, Standards Organisation of Nigeria, and Oil and Gas Free Zone Authority, respectively.
Buhari informed in the letter to the Upper House that the budgets of agencies and corporations that had been privatised or otherwise ceased to exist were not included in his request.
“May I please pray the senate to expeditiously consider and approve the budgets of these agencies and corporations to enable them to effectively execute their mandates” the president pleaded.