Barring any modifications, President Muhammadu Buhari of Nigeria will probably present the 2023 budget to the National Assembly in September.
Ben Akabueze, Director General of the Budget Office of the Federation, made this revelation on Monday in Abuja during a workshop on budget preparation using the Government Integrated Financial Management Information System.
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According to Akabueze, who was represented by Mr. Fabian Ogbu, Director of Expenditure (Socials) in the Budget Office, the federal government under Buhari is committed to ensuring consistent and prompt preparation, submission, and approval of annual budgets as part of its Public Financial Management (PFM) reforms.
However, Akabueze bemoaned the fact that MDAs do not thoroughly read the Budget Call Circular and as a result commit errors that would typically be prevented if they had followed the pertinent portions of the Budget Circular.
“The main goal of this training is to provide continuous learning to equip budget personnel with the requisite knowledge, skills and the tools they require to prepare and submit the 2023 budget,” he said.
“It has been observed that MDAs do not study the budget circular in detail, as such make mistakes that should ordinarily be avoided if they had complied with relevant sections of the budget cycle.”
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