President of the Senate, Ahmad Lawan, has urged President Buhari to ensure the timely submission of 2021 budget to the National Assembly by the end of September 2020.
Lawan stated this while referring the 2021-2023 Median Term Expenditure Framework and Fiscal Strategy Paper, which was submitted to the Federal Parliament by Buhari on Tuesday to the relevant committees of the Senate for necessary legislative action.
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He said the presentation of the budget before the end of September, would enable the National Assembly to complete necessary works and pass it before the end of December.
Lawan mandated the Senate Committees on Finance and National Planning to relate with all relevant revenue generating agencies in the country to smoothen the passage of the MTEF.
The MTEF/FSP document forwarded to the National Assembly for consideration and approval was accompanied by a letter read during plenary by the Senate President Lawan.
The president, in the letter, stated inter alia;
It is with pleasure that I forward the 2021 – 2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) for the kind consideration and approval of the Distinguished Senate.
Let me seize this opportunity to express my deep gratitude for the cooperation, support and commitment of the leadership and distinguished members of the Senate in our collective efforts to sustain the restoration of the January – December financial year.
In line with our commitment, we have worked very hard to achieve and earlier submission of the MTEF/FSP. This is to allow the National Assembly enough time to perform its important constitutional duty of reviewing the framework.
I herewith forward the 2021 – 2023 MTEF/FSP as the 2021 budget of the federal government will be prepared based on the parameters and fiscal assumptions of the approved 2021 – 2023 MTEF/FSP. I seek the cooperation of the National Assembly for expeditious legislative action on the submission.
