The Senate president, Ahmad Lawan has said President Muhammadu Buhari will be presenting the 2021 budget to the National Assembly next week.
He revealed this while giving his welcome speech at the end of an executive session on Tuesday.
Lawmakers had resumed from their annual recess on Tuesday and proceeded into a closed-door session which lasted for over 90 minutes.
Mr Lawan applauded the engagement of the Joint Committee on Finance and National Planning with the Federal Ministry of Finance, Budget and National Planning on the 2020-2022 Medium Term Expenditure and Fiscal Strategy Paper (MTF/FSP) during the Recess.
“The committee interacted with over 300 MDAs over the issues of revenue generation and remittances to the federal government.
“The joint committee will present its report to the Senate today for consideration. This is a precursor to the presentation of the 2021 Budget Estimates by the Executive Arm of Government soon.
“I am aware that the Executive will be presenting the 2021 Budget Estimates by next week. The Senate, he said, will provide a one-month window for budget defence by ministries, departments and agencies.
“Like last year, the month of October, 2020 will be dedicated for this exercise. Subsequent months of November and December will be dedicated to the internal processing of the Budget by NASS.
“The various MDAs are therefore advised to ensure that they avail themselves the opportunity of the Budget defense window to appear with all the relevant and necessary information to defend their Budget Estimates,” he said.
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