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Federal Government Admits Error In 2016 Budget Submitted To National Assembly
The Federal Government, on Wednesday, admitted that although the 2016 budget proposals submitted to the National Assembly (NASS) by President Mohammadu Buhari were well structured and targeted at reviving the economy, notwithstanding the fall in the oil price.
It, however, said its details were developed using the Zero Based Budget (ZBB) which, it said, was not error-proof, adding that it was a new concept to budget officers, away from the traditional envelop process.
It said the budget staff in the Ministry of Budget and National Planning, as well as those handling budget issues in all Ministries and Extra Ministerial Agencies (MDAs) were still grappling to master the technicalities in the ZBB template
In a statement, the director in charge of information in the ministry, Charles Dafe, said some errors were not unexpected in the changeover to the new ZBB approach, noting that it was the reason the ministry arranged for the proposals to be placed on the website to expose them to public scrutiny.
