FG too broke to fully implement 2016 budget – SGF
The Federal Government cannot afford to fully implement the 2016 budget, its secretary has said.
Secretary to the Government of the Federation, Mr Babachir Lawal, said this while appearing before a joint senate committee on ethics, privileges and public petitions and that of appropriation and finance.
During the session, he attributed the development to a sharp drop in revenue by over 60%.
The joint committee had summoned the SGF after the latter had said, during a recent interview, that the FG may not implement constituency projects in the 2016 budget.
According to him, the activities of militants in the Niger Delta region have contributed to the drop in revenue.
He said that the oil benchmark of the federal government had been drastically affected by activities of militants, adding that the country was producing about 800,000 barrels per day.
Some members of the committee insisted that the provision of the constituency allowance would go a long way in providing basic amenities for Nigerians..
