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On Budget Implementation - Politics - Nairaland

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APC & PDP Senators Disagree Over 2016 Budget Implementation / FG Retracts 56% Budget Implementation Claim / Okonjo-iweala- 100% Budget Implementation Not Possible By September (2) (3) (4)

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On Budget Implementation by NOI4Life: 1:29am On Aug 01, 2012
The reason why budget implementation stood at 37% in May and now stands at 56% is not because the Administration is delinquent as some would have you believe. It is exactly the opposite.

For the first time, the Ministry of Finance has instituted a due diligence process where all funds spent by MDAs have to be acknowledged and accounted for before more funds are released to them.

Prior to this measure, money used to flow freely with no accountability.

The issue at stake is more than MDAs getting money. MDAs should get money, but only when the purposes for which they are released are accomplished and properly accounted for. Nigerians deserve no less.

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