Categories
AFNewsNG Logo
National News Special Report

Ahead 2021: Imaglne what FG Said about Budget | FULL DETAILS HERE

Thompson Nsisongabasi

Aug 18, 2020

The Federal Government of Nigeria through the office of the Federal Ministry of Finance, Budget and National Planning have directed Ministries, departments and agencies (MDAs) to focus on completion of all ongoing projects as no new projects will be welcomed come 2021.

READ ALSO: BREAKING: Court Reserves Judgment in Kano Governor Yusuf's Appeal Against His Sacking by Tribunal

AFNews understands that the directive was contained in a 2021 Budget Call Circular signed ahead of the preparation of next year's budget estimates by Finance Minister, Zainab Ahmed.

READ ALSO: REVEALED: How All Progressives Congress (APC) Played Into The Opposition Hands Ahead Of 2027 - Sumner Sambo Warns

The circular which was monitored by Naija News on the Nigerian Tribune reported that there will be no room for personnel budget for MDAs that are yet to be on the Integrated Personnel and Payroll Information System (IPPIS).

READ ALSO: Most Nigerian Leaders Are Empty In The Head - Obasanjo Reveals Why

[caption id="attachment_76194" align="alignnone" width="466"] Finance Minister, Zainab Ahmed.[/caption]

READ ALSO: Edo APC Suspends Ex-Senatorial Candidate

It goes further to warn against inclusion of recurrent expenditure, vehicle and furniture allowance.

READ ALSO: Tinubu Breaks Silence on Hardship, Inflation, Power Crisis - Vows Nigeria Will Overcome Economic Storm

AFNews understands that the circular also warned against unnecessary personnel travelling and training in the coming year.

READ ALSO: Sowore's Miscalculation and the Need to beat a Wise Retreat

The statement reads; "The thrust of the FGN's capital expenditure programme in 2021 will be the completion of as many ongoing projects as possible, rather than starting new projects. Thus, MDAs are hereby advised that new projects will not be admitted into the capital budget for 2021 unless adequate provision has been made for the completion of all.ÔÇØ

READ ALSO: BOOK PRESENTATION: VICAR HOPE PRESENTS BOOK ON 2ND OCT.2019

It added; "It is expected that all MDAS have now complied with Presidential directive to enrol on the Integrated Personnel and Payroll Information System (IPPIS). MDAS not vet on IPPIS will not be provided for in the personnel budget for 2021.

READ ALSO: Why El-Rufai Was Returned To ICPC Custody?

"MDAs are enjoined to restrict their travels, training and capacity development programmes to locations within the country and as close to their office locations as possible. Foreign travels and training should be limited to exceptional cases, and with necessary approvals in accordance with extant government policy.

READ ALSO: I Will Not Allow Criminality As President, Peter Obi Declares

"Thus, all MDAs are required to work within their 2020 overhead ceilings for the purpose of preparing their 2021 Overhead budget submissions.

READ ALSO: Benue North-East: I will be running for Senate in 2027 - Suswam

"Except where absolutely critical to the functioning of respective MDAs, proposals such as expenditure on vehicles, furnishing, construction/purchase of office or residential buildings and equipping of non-critical offices will not be accommodated in the 2021 budget. The Budget Office shall reallocate any such provisions to capital projects within/outside the MDA as it deems appropriate.ÔÇØ

READ ALSO: "Terrorists Have Outgunned Our TroopsÔÇØ - Ndume Raises Alarm Over Boko Haram War, Sends Urgent Message To Tinubu

According to the circular, the federal government's priorities in 2021 will include; "Stimulation of the economy to prevent business collapse and ensuring liquidity, job creation, undertaking growth-enhancing and job-creating infrastructural investments in roads, bridges, solar power, and communications technologies; promoting manufacturing and local production at all levels and advocate the use of Made-in-Nigeria goods and services; and extending protection to the poor and other vulnerable groups, including women and persons living with disabilities, through pro-poor spending.

READ ALSO: How Ogun INEC REC "Niyi Ijalaye" Slumped, Died After Crucial Meeting in Abuja

The circular added; " MDAs should take into consideration the 2023 Medium Term policies/strategies contained in the 2021 Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) which is the FGN's pre-budget statement.

READ ALSO: BREAKING: Court Reserves Judgment in Kano Governor Yusuf's Appeal Against His Sacking by Tribunal

"The budget shall be prepared using the Zero-Based Budgeting (ZBB) approach and in line with the government's policy thrust, as articulated in the Nigeria Economic Sustainability Plan (NESP).ÔÇØ

Related Stories

""

— Thompson Nsisongabasi

Join the Conversation

Signed in as Member