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The presidency said the decision of the National Assembly to extend the life span of the capital section of the 2023 Supplementary Budget was aimed at full implementation of the budget.
The Special Adviser to the President on Information and Strategy, Bayo Onanuga said this on Friday.
Earlier, the Nigerian civic platform, BudgIT, had criticized the decision of the Senate to extend the life span of the budget, making it the third national budget running concurrently in the country.
Reacting to BudgIT, Onanuga said the National Assembly had not erred in its action, pointing out that it was in a bid to ensure the implementation of projects in the budget.
“There’s really no issue here. The National Assembly has already explained its reason for this. There are many projects in the 2023 Budget and the (2023) Supplementary Budget that have not been executed. The idea is to achieve the implementation of such projects in the previous budgets.
“For instance, the Ministry of Agriculture and Food Security has some allocation in the 2023 Budget and the Supplementary Budget, which, as we’re talking”, he said.
Onanuga further noted that the Senate had already explained its reason for its intervention, saying there are projects in the old budgets that have not been implemented because of funding issues.